NEWS
NYC Mayor Adams Signs Bill Lowering For-Hire Vehicles’ Insurance Mandate
New York City Mayor Eric Adams has signed into law legislation reducing the auto insurance liability coverage that for-hire vehicles must carry…
LANDMARK INSURANCE REFORM SIGNED BY MAYOR ADAMS, PAVING WAY FOR LOWER COSTS FOR FOR-HIRE DRIVERS & PASSENGERS
Citizens for Affordable Rates (CAR) hailed the reform, which is expected to lower premiums, curb rampant fraud, and attract new insurers…
Opinion: A more affordable future for NYC’s for-hire drivers and passengers
Reducing the insurance burden on drivers of yellow taxis and for-hire vehicles will save them an average of $300 per year – real money for families living paycheck-to-paycheck…
LANDMARK INSURANCE REFORM SIGNED BY MAYOR ADAMS, PAVING WAY FOR LOWER COSTS FOR FOR-HIRE DRIVERS & PASSENGERS
In a major victory for New York City’s 74,000 for-hire vehicle (FHV) drivers and the millions of New Yorkers who rely on them, Mayor Eric Adams today signed into law legislation sponsored by Council Member Carmen De La Rosa…
☂️🚕 NYC Slashes TLC No-Fault Insurance Requirement from $200K to $100K
Although original City Council bill proposed reduction to state-mandated $50K PIP limit, cut from $200K to $100K should help disincentivize frivolous claims…
CITY COUNCIL PASSES LANDMARK INSURANCE REFORM BILL, PAVING WAY FOR LOWER COSTS FOR NYC’S FOR-HIRE DRIVERS & PASSENGERS
In a major victory for New York City’s for-hire vehicle (FHV) drivers and the millions of New Yorkers who rely on them…
NYC Council Passes Bill to Lower Insurance Limits for For-Hire Vehicles
With urging from a coalition of for-hire vehicle drivers and companies including Uber, the New York City Council voted to lower a for-hire vehicles’ insurance requirement in hopes of lowering premiums and disincentivizing fraud…
CITY COUNCIL PASSES LANDMARK INSURANCE REFORM BILL, PAVING WAY FOR LOWER COSTS FOR NYC’S FOR-HIRE DRIVERS & PASSENGERS
In a major victory for New York City’s for-hire vehicle (FHV) drivers and the millions of New Yorkers who rely on them, the City Council today unanimously passed legislation sponsored by Council Member Carmen De La Rosa…
Consumers feeling the pinch of rising insurance costs
Consumers have seen insurance rates climb over the past few years, and those increases are expected to continue in part due to President Trump's tariffs…
Op-ed: High TLC insurance hurts ride-share drivers and passengers
For years now the for-hire driver insurance system has been heading towards a cliff, one that could jeopardize the jobs of tens of thousands of drivers like me…
Members of Congress call for task force on staged accident fraud
Members of Congress are requesting the establishment of a specialized task force dedicated to investigating and prosecuting staged accident fraud…
New York Playbook
An Uber-backed group will hit the airwaves this week with an ad knocking Gov. Kathy Hochul’s $254 billion budget for not addressing insurance costs…
DoorDash Is Latest Tech Firm to Commit Millions to New York City Elections
DoorDash Inc. is committing $5 million to back political candidates in New York City and state-level races in New Jersey this year, becoming the latest technology company to disclose its lobbying efforts ahead of local elections in the tristate area…
Op-ed: If NYC doesn’t act, soaring insurance costs will force drivers off the road
Right now, for-hire drivers like me are drowning in sky-high insurance costs, thanks to a broken system that forces us to carry way more coverage than drivers anywhere else in the state…
Uber Spends Six Figures on Ads in Latest NY Insurance Reform Push
Uber Technologies Inc. is spending six figures on advertisements in New York in its latest appeal to lawmakers to address issues stemming from the insolvency of the city’s largest taxi insurer…
Auto insurance fraud: How to detect staged accidents and what to do if you're a victim
Swoop and squat, drive downs, shady helpers -- they are all examples of staged crashes used for auto insurance fraud.…
Op-ed | It’s time for the NYC Council to reduce additional no-fault insurance for taxis and for-hire vehicles
Premiums have been skyrocketing and the largest insurer, American Transit Insurance Company (ATIC), is insolvent…
Inflation fuels insurance distress: New Yorkers face soaring premiums
Some people may have been experiencing their own form of sticker shock when they see their new premium payment statements for property and auto insurance…