Lyft receives state OK to operate in Iowa

Ride-sharing app Lyft has received the green light from state regulators needed to legally operate in Iowa.

Lyft began operating in Iowa on Thursday without the necessary approval of the Iowa Department of Transportation. After talks with state officials, the company submitted its application and required paperwork Thursday afternoon.

DOT spokeswoman Andrea Henry said the agency had processed the application by Friday afternoon, giving Lyft "provisional authority" to operate in Iowa.

Last year, the Iowa Legislature established new rules for ride-sharing companies. It requires liability insurance for vehicles, background checks for drivers and licensing expectations. But the formal administrative rules for the legislation have not been completed.

Read more: http://www.desmoinesregister.com/story/money/business/2017/02/24/lyft-receives-state-ok-operate-iowa/98363240/