Ride-hailing giant Uber is taking on the city that never sleeps, suing New York City over its new "reckless" driver protection law. The law, which went into effect in May, requires ride-hailing companies to provide a minimum level of insurance coverage for drivers who are not actively engaged in transporting passengers. Uber claims that the law is overly broad and will unfairly increase its insurance costs, potentially driving up prices for consumers. The lawsuit marks the latest escalation in a long-standing battle between Uber and city officials over issues of driver safety and regulation.
Uber sues New York City over ’reckless’ driver protection law By Reuters Investing.com
