A growing number of local governments are introducing ordinances to obligate bicycle riders and rental companies to take out liability insurance.Behind the move is an increase in bicycle use amid a fitness boom, resulting in more collisions and a series of court rulings ordering substantial payouts when pedestrians have been killed or seriously injured in accidents.But as ordinances passed by local governments carry no penalties, experts stress that cyclists need to be made aware of the importance of taking out insurance.Takenobu Kato, a 21-year-old employee at a bicycle store in the city o…READ FULL ARTICLE