New York’s insurance regulator ordered American Transit Insurance Co. to immediately find capital and explore a sale in a damning report laying out its severe financial condition. The report laid out dozens of potential financial improprieties and accounting problems at …
New York’s insurance regulator issued a damning report laying out the severely flawed financial condition of New York’s largest insurer of taxis and for-hire vehicles, as well as dozens of potential financial improprieties and accounting problems, warning that the consequences …
In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of American Transit Insurance Co. The 52-year-old, family-owned firm is hardly a household name, but it’s vital to how New Yorkers …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not …
Global Liberty Insurance Co. of New York, a specialty underwriter of limousine, executive car service, taxi and para-transit, will start accepting risks in Texas starting in October. The addition of the state represents the company’s continued expansion into new territories …
Boston Mayor Thomas Menino has ordered a sweeping review of the city’s $1 billion taxi industry following a series of Boston Globe stories that shed light on a system that exploits drivers, enriches owners, and leaves passengers at risk while …
Vicksburg, Mississippi’s Public Transportation Board is working on 20 proposed changes to the city’s taxi ordinance. Board chairman Jim Stirgus Jr. told the Vicksburg Post that the plan is to bring all vehicles for hire under one ordinance. He said …
