NEWS
FORMER TLC COMMISSIONER DAUS IN AM NY: ALBANY INACTION CAUSING STATEWIDE INSURANCE CRISIS
In a new op-ed in AM New York, Matthew W. Daus, former NYC Taxi & Limousine Commissioner…calls for immediate reform of New York’s insurance system to address the root causes of rising premiums…
DMV warns against staged crashes as Uber sues over fabricated insurance claims
The New York State Department of Motor Vehicles is cautioning New York drivers to be aware of a rise in staged crashes and car insurance fraud.…
DMV says staged crashes, form of insurance fraud, are rising in NY State
The NYS Department of Motor Vehicles is warning drivers about a rise in staged crashes, when scammers intentionally cause a crash…
Beware of car crashes staged for insurance scams, DMV warns
New York drivers lose hundreds of dollars every year from staged car crashes designed to scam insurance companies, according to the DMV. They said that, in 2023, intentional accidents in New York jumped 34% since 2021, and 14% over 2022…
CM DE LA ROSA, DRIVERS & ADVOCATES CALL FOR URGENT AUTO INSURANCE REFORM AT KEY CITY COUNCIL HEARING
Council Member Carmen De La Rosa (D-Manhattan, District 10) and advocates for for-hire drivers highlighted the urgent need to reform New York City’s excessive auto insurance mandates today at a key City Council transportation hearing…
VIDEO: Uber Backed New York Ad Targets ‘Hidden Tax’ Driving Up Insurance Costs
A group calling for reforms to lower insurance costs across New York has launched its first ad…
NEW AD: CITIZENS FOR AFFORDABLE RATES BLASTS SPECIAL INTERESTS FOR IMPOSING "HIDDEN TAXES" ON NEW YORKERS
Citizens for Affordable Rates (CAR), a coalition of New York consumers and advocates, today unveiled its first television and digital ad, “Hidden Tax,” exposing how special interest groups in Albany drive up costs for everyday New Yorkers…
Insurance nonprofit: 'Crash for cash' up 14% in New York
Officials are warning staged car crashes, where scammers deliberately cause accidents to try to collect insurance money, are on the rise in New York…
Op-Ed: Hochul should focus on reducing insurance costs
Gov. Kathy Hochul is spotlighting a critical issue affecting millions of New Yorkers: affordability…
OP-ED: Hochul Must Address Root Causes of Rising Insurance Costs
Phil Andrews urges Governor Kathy Hochul to take action on New York’s affordability crisis by addressing the state’s soaring insurance costs…
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…
New York Playbook PM
Scammers are staging accidents and intentionally crashing their cars into rideshare vehicles to take advantage of high up-front insurance payouts the companies require…
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…
Uber Targets Personal Injury Lawyers in Multimillion Dollar Ad Campaign
The San Francisco-based rideshare company is agitating for legislative changes that would lower state-mandated insurance limits…
Bill Aims to Drive Down New York City Taxi Drivers’ Insurance Costs. But Will It?
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…