Car-Sharing Startup RelayRides Hit With $200K Fine From New York State For Insurance Violations

RelayRides, the startup that runs a peer-to-peer marketplace for people to share their cars, has been ordered to pay a $200,000 fine to New York State after an investigation by the state’s Department of Financial Services found that the company “put New Yorkers at risk through false advertising, unlicensed insurance activity, and other violations,” Governor Andrew Cuomo’s… Read More