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Uber and Lyft to be regulated with new state law

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FILE: Uber To Get $1.6 Million In Financing

Gov. Nathan Deal will sign a bill today that requires Uber and Lyft drivers to maintain insurance coverage of up to $1 million.

The legislation was hotly debated among consumers, not to mention representatives from the two ride-sharing services and the taxi and limousine industries. HB 225 was a compromise bill. It allows the ride-sharing firms to conduct their own background checks rather than require all drivers to be fingerprinted.Greg Bluestein has more on today’s Daily Jolt:

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