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Uber, Airbnb insurance requirements approved by Senate panel

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A bill creating insurance requirements for short-term rental and transportation network companies — bywords for industry leaders Airbnb and Uber, respectively — passed the Senate Banking & Insurance Committee this afternoon, though not without an airing of grievances about some practices within the “disruptive” ridesharing business. Altamonte state Sen. David Simmons, an influential member of the Republican majority known for his policy chops, introduced the bill back in late February, which aims to clarify one of the murkiest issues of the sharing…

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