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...
Specialist Risk Group Acquires Renewal Rights of London-Based Taxi Insurance Broker August 30, 2024 Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers,...
Global Insurance Co. Expands Taxi, Para-Transit Coverage to Texas September 13, 2013 Global Liberty Insurance Co. of New York, a specialty underwriter of limousine, executive car service, taxi and para-transit, will start...
Boston Mayor Reviews City’s Taxi Industry, Pushes to Raise Insurance Requirements April 3, 2013 Boston Mayor Thomas Menino has ordered a sweeping review of the city’s $1 billion taxi industry following a series of...
Mississippi City Overhauling Taxi Regulations January 15, 2013 Vicksburg, Mississippi’s Public Transportation Board is working on 20 proposed changes to the city’s taxi ordinance. Board chairman Jim Stirgus...