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Uber West Coast Regional Manager William Barnes sits in the back of a car on Oct. 24 after beginning operations in Nevada. The compay has been operating in Florida since April. (AP Photo/John Locher)

The Florida Office of Insurance Regulation says Uber’s $1 million commercial insurance policy meets state requirements, reports the Tampa Bay Times. This news brings the ride-share company one step closer to legally operating in Florida, despite the Public Transportation Commission’s (PTC) concerns about Uber’s insurance and licensing.

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