NEWS
Uber Backs No-Fault Insurance Reform Efforts in New York
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…
NEW COALITION LAUNCHES TO FIGHT SOARING INSURANCE COSTS IN NEW YORK
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…
NEW COALITION LAUNCHES TO FIGHT SOARING INSURANCE COSTS IN NEW YORK
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…
Uber-led coalition to take on sky-high insurance costs for NYC cab, ride-share drivers
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…
Looming Insurance Crisis Threatens Taxis and Ubers in New York City
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…
Construction costs likely to soar as Hochul touts affordability focus
Soaring construction costs are at the root of New York’s priciness, trade and business groups charge...
NY tries to contain rising threat to affordable housing: Skyrocketing insurance costs
New York state's economic development arm is stepping in to help solve…
Fender bender or 'crash for cash'? Experts say New York scams are up.
Staged car crashes are contributing to rising insurance premiums on Long Island and nationwide, the state Department of Motor Vehicles said…
Why Is Car Insurance So Expensive?
The price of motor vehicle insurance rose more than 22 percent in the year through April, the fastest pace since the 1970s, according to a report by the Bureau of Labor Statistics…
Cab crash sends rider on 'nightmare' to get insurance money
Quiles, who required surgery on his left shoulder, said he is still waiting for payments from American Transit Insurance, which underwrote the driver’s policy…
Average home insurance spiked by as much as 60%
The average price of home insurance surged 23% in January compared to the previous year…
Buying Home and Auto Insurance Is Becoming Impossible
Huge losses from national disasters prompt industry to jack up prices and pull back from some markets; ‘worst possible scenario’ for consumers…
Home Insurance Rates Spike Nationwide: See Impacts In NY
Homeowners in New York faced a 6.4 percent increase in their property insurance premiums…
The Uncertain Life of New York City’s Immigrant Uber Drivers During the Pandemic
Half of drivers have dependents and 70% are the main wage earners in their households…
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...