NEWS

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New York’s Legal Corruption Racket

These are boom times for trial lawyers and their financiers, not so much for the insurers they are raiding. The costs of litigation abuse are coming home in New York where the insurance market for taxi and ride-share drivers is collapsing amid a flood of fraudulent claims…

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City weighs slashing cab insurance 75% to aid drivers

The New York City Council will introduce legislation this week that would drastically reduce the amount of insurance coverage taxi and ride-share vehicles are required to maintain, looking to contain potential fallout from the insolvency of the city’s largest taxi insurer…

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