Massachusetts governor proposes new oversight of ride-sharing services

By Elizabeth Barber BOSTON (Reuters) - Massachusetts Governor Charlie Baker on Friday proposed legislation that would bring new oversight of popular ride-sharing companies such as Uber and Lyft by requiring them to obtain permits in order to operate in the state. A growing network of ride-sharing companies, which let customers summon cars by tapping their smartphones, already operates in Massachusetts. He called the new regulations a way to "embrace innovation and protect and serve consumers." Under the proposal, which would need to be approved by the state legislature, ride-sharing companies would have to require their cars to carry at least $1 million in insurance coverage and to perform background checks on all drivers, who must be at least 21 years old. Ride-sharing companies would be regulated by the same state agency that regulates private buses. Uber said in a statement that the legislation would allow it "to continue offering Massachusetts safe, reliable transportation options and opportunities to earn a living with greater flexibility." Taxi companies have been fierce opponents of ride-sharing services, claiming they siphon customers without having to go through the expensive process of obtaining taxi medallions.

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