Uber passed an insurance law in California. It did not disclose key info, a lawmaker says
AI Summary
California just passed a law that lowers Uber's insurance liability, but it seems the ride-sharing giant didn't come clean about the full picture. Critics, including a lawmaker and consumer advocacy groups, argue that Uber didn't disclose it largely insures itself through self-insurance. This omission raises concerns about transparency and the true financial risks involved for riders. Such revelations could influence future regulatory decisions and consumer trust in the company's safety assurances.
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