Uber Alleges Fraud Scheme by New York Groups Faking Car-Crash Injuries January 31, 2025 By Laura Nahmias and Natalie Lung Ride-sharing giant Uber Technologies Inc. filed a racketeering lawsuit against a group of law firms, doctors and pain-management clinics it...
NYC Scraps ‘Solvent’ Requirement in Revised Taxi Insurance Rules January 27, 2025 By Natalie Lung New York City is walking back a proposed rule change that would have required taxi and rideshare drivers to be...
New York Considers Making Property Insurers Cover Taxi Claims Losses December 12, 2024 By Natalie Lung and Alexandre Rajbhandari New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance...
New York City Cab Crash Sends Rider on ‘Nightmare’ to Get Insurance Money September 12, 2024 Carlos Quiles says he was seriously injured in May 2022 when the Uber he was traveling in crashed into two...
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...