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Ridesharing services provided by Uber, Lyft and similar transportation network companies rely on smartphone apps to connect passengers with independent drivers.

Ridesharing services provided by Uber, Lyft and similar transportation network companies (TNCs) rely on smartphone apps to connect passengers with independent drivers.  TNCs entered the marketplace several years ago and have been growing quickly because there are few barriers to entry.  Initially, TNCs escaped insurance requirements and other costly regulations imposed on taxis.  However, TNCs are now being scrutinized by insurance and other regulators seeking to ensure that TNCs and their drivers are adequately insured.    

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