California becomes first state in nation to regulate ride-sharing

“Under the proposal, the PUC would have jurisdiction over ride-sharing under a new category of businesses called transportation network companies. The agency would also issue licenses to the services.  The decision is expected to preempt efforts by California cities to oversee or even ban ride-sharing under their authority to license taxi cab firms. Regulators would require drivers to undergo criminal background checks, receive driver training, follow a zero-tolerance policy on drugs and alcohol and carry insurance policies with a minimum of $1 million in liability coverage.”

http://www.latimes.com/business/money/la-fi-mo-state-regulators-ok-ridesharing-20130919,0,2583487.story

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