Lyft’s $19.4M Lesson: Misclassification Is An Insurance Problem Too

When a flexible model ducks premiums, everyone else pays.

New Jersey says Lyft misclassified drivers, skipping unemployment, disability, and other contributions. Uber cut a bigger check in 2022. The ABC test is strict, and regulators are using it.

Why it matters to insurance: workers’ comp, UI trust funds, and liability allocations hinge on status. If gig platforms push costs off their books, the burden lands on honest employers and the state pool.

Flexibility and protections are not mutually exclusive. Build portable benefits and price the real risk. Call it reform, not loopholes.

—
Jack Hapsburg
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