NEWS
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…
Opinion: NYC’s for-hire drivers are on the brink. Let’s give them a lifeline.
New York City is sleepwalking into a crisis that could cripple our transportation network and devastate the lives of thousands of for-hire drivers…
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…
Commentary: Ensure public pension plans aren't supporting predatory lenders
A shadowy industry is quietly infiltrating New York's civil justice system, preying upon vulnerable individuals and posing a significant threat to our financial security…
Why are New York car insurance rates so high? Here are a few reasons (opinion)
New York’s sky-high auto insurance rates. Averaging a staggering $4,769 annually, these rates are the highest in the nation and they are strangling commuters…
OPINION: Reject New Jersey’s Misguided War on E-Bikes
Masquerading as a safety measure, this legislation is a misguided attempt to solve a nonexistent problem while ignoring the real dangers on our streets and the needs of the most vulnerable in our communities…
E-Bike Advocates at JC Rally Say State Back-Pedaling on Transit Safety
Senate bill 2292, now being reviewed by the Senate Transportation Committee, would prohibit the use of low-speed electric bikes and scooters unless owners annual register their vehicles with the state Motor Vehicle Commission…
Groups protest e-bike regulations proposed by NJ Senate president
Bill would require low-speed electric bikes and scooters to be registered with MVC…
NJ bill would require low-speed e-bikes to be registered, insured
“It becomes more complicated to do this job now for many delivery drivers,” said New York City delivery worker Antonio Solis, speaking through a translator…
Electric bicycles in New Jersey may need to be registered, insured soon. Here's how cyclists are responding.
A bill proposed this year would require low-speed electric bicycles and scooters to be registered and insured. There are safety concerns about them, but critics say added regulations could push more vehicles onto already congested roads…
Home Insurance Is Clobbering Consumers. Yet It’s Barely Counted in Inflation.
“It is the housing crisis that nobody is talking about,” Ms. Meyer Lucas said...
Stop letting the skeevy legal lending industry make bank off New Yorkers
It’s time to crack down on the skeevy lending practice that’s draining New Yorkers’ wallets…
Groups call for investigation into NY state pension funds over possible ties to ‘predatory’ legal lenders
New York’s pension funds should be investigated to probe whether the massive accounts are supporting the shady world of third-party legal lending, a newly united coalition of critics said…
Opinion: Slaying New York’s two-headed monster driving up car insurance costs
Our persistent battle with inflation is being fueled by skyrocketing auto insurance rates. In the past year, the average car insurance premium has gone up 26%…
Trenton's e-bike insurance bill is an absolute mess for NJ. Legislators should scrap it
This “solution” would open the door to an entirely new category of lawsuits. It would allow individuals to sue for damages over even minor accidents involving low-speed e-bikes and scooters…
Electric bicycles in New Jersey may need to be registered, insured soon. Here's how cyclists are responding.
Antonio Solis, a delivery worker and founding member of Los Deliveristas Unidos said it would make the difficult job even more complicated, and increase the operating costs…
NYC TLC Insurance Rates Are "Artificially"...Low!?
During City Council testimony NYC TLC Chair David Do says for-hire liability insurance rates are "artificially" low, citing Uber's lawsuit against American Transit. He might be right, we explain…
Legal System Abuse Adding to Increasing Auto Insurance Costs, Creating A New Asset Class of Investors Betting on Litigation
The Insurance Information Institute (Triple-I), the trusted source for data driven insights on risk and insurance, today released its latest issues brief highlighting how excessive litigation is compounding a years-long problem of rising auto insurance costs…
Car insurance’ could soon be required for e-bike ownership
In layman’s terms, all e-bike owners would be required to have insurance against potential bodily injury, death or property damage that may be caused by their e-bike…