Update: NYC’s Largest Cab Insurer Ordered to Explore Sale After Losses September 6, 2024 By Claire Ballentine and Laura Nahmias New York’s insurance regulator ordered American Transit Insurance Co. to immediately find capital and explore a sale in a damning...
New York Regulator Orders Taxi Insurer to Weigh Sale After Losses September 5, 2024 By Claire Ballentine and Laura Nahmias New York’s insurance regulator issued a damning report laying out the severely flawed financial condition of New York’s largest insurer...
New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown September 4, 2024 By Zeke Faux, Laura Nahmias, Natalie Lung and Claire Ballentine In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of...
Thief Steals $1.3 Million Watch. Now What? July 2, 2019 By Claire Ballentine An Azerbaijani tourist’s carefree Ibiza getaway came to an abrupt halt last week when a pickpocket reportedly stole his Richard...
Insurers’ Firefighting Teams Move to Limit Damage from California Wildfires November 13, 2018 By Katherine Chiglinsky and Claire Ballentine California’s raging wildfires are so bad that American International Group Inc. and Chubb Ltd. are deploying teams of specialists and...