Huge losses from national disasters prompt industry to jack up prices and pull back from some markets; ‘worst possible scenario’ for consumers…

The San Francisco-based rideshare company is agitating for legislative changes that would lower state-mandated insurance limits…

The New York City Council’s transportation committee heard testimony Monday on a proposal to lower the Personal Injury Protection (PIP) insurance coverage requirement for for-hire drivers from $200,000 to $50,000 per person, aligning it with the state’s requirement for all other drivers…

An Uber-backed coalition, Citizens for Affordable Rates, is releasing its first TV ad in a campaign to lower car insurance rates…

New York drivers lose hundreds of dollars every year from staged car crashes designed to scam insurance companies, according to the DMV…

A new coalition with backing from Uber Technologies is launching a campaign to lower insurance costs for consumers and small businesses in New York State.…

Homeowners are facing an insurance affordability crisis, squeezed by the triple threat of skyrocketing premiums, shrinking coverage, and vanishing options…

According to New York Post, Uber will fund efforts to promote lowering NYC TLC-specific $200,000 no-fault (PIP) insurance requirement, which is being blamed for widespread fraud and increased costs…

Today, a diverse coalition of concerned citizens, advocates, and organizations launched Citizens for Affordable Rates (CAR) to address the pressing issue of rising insurance premiums in New York State…

A diverse coalition of concerned citizens, advocates, and organizations launched Citizens for Affordable Rates (CAR) to address the pressing issue of rising insurance premiums in New York State…

Citizens for Affordable Rates is particularly supporting city legislation that would reduce the minimum liability coverage taxi and ride-share drivers are required to carry…

American Transit, the largest insurer of the city’s for-hire vehicles, is insolvent. Its collapse could create a crisis that would take thousands of cars out of service…

Homeowners in New York faced a 6.4 percent increase in their property insurance premiums…

Half of drivers have dependents and 70% are the main wage earners in their households…

In November, representatives from Gov. Kathy Hochul’s office and the state Department of Financial Services met with lawmakers and taxi, for-hire and livery industry officials at the governor’s Manhattan office to address a mounting insurance crisis…

New York’s largest taxi insurer that is facing serious financial and regulatory challenges has filed a lawsuit seeking more than $450 million against medical providers it alleges have been part of a huge fraud scheme that takes advantage of the state’s no-fault insurance laws…

New York City ranks No. 2 on the American Tort Reform Foundation’s annual list of “Judicial Hellholes” as excessive legal costs hit an eye-popping $89 billion a year…

New York’s clogged and bloated legal system is costing taxpayers and companies a whopping $89 billion a year in excessive litigation expenses, according to a report released this week…

A Brooklyn man who was shown in a popular TikTok dash cam video of a crash on a busy Queens highway was charged with insurance fraud, staging a motor vehicle accident, reckless endangerment and other crimes, prosecutors announced on Friday…

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…