Media
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Insurance Business - 3/04/2025
Uber calls for insurance reforms as fraud, regulations drive up costs
Uber is intensifying its campaign for insurance reform, arguing that excessive state-mandated insurance requirements are driving up costs for both drivers and riders.
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FindLaw - 2/21/2025
Driving a New Narrative: Uber Targets 'Unfair' Insurance Rates and Personal Injury Attorneys
The rideshare company Uber often takes a defensive stance against claims and complaints. With a new ad campaign, they've chosen to take the role of the aggressor instead.
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Insurance News Live -2/3/2025
How Fake Accidents Could Be Driving Up Your Uber Ride Cost
Uber claims the higher New York insurance requirements have become an opportunity for exploitation, allowing groups to file inflated medical claims aimed at maximizing payouts.
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Transportation Topics - 1/30/2025
Uber Alleges Fraud Scheme by NY Groups Faking Crash Injuries
Racketeering Lawsuit Names Law Firms, Doctors and Pain-Management Clinics
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NY DMV - 1/30/2025
With Staged Car Crashes on the Rise, DMV Encourages Defensive Driving
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. The DMV is also reminding drivers that the best way to avoid falling victim to these scams is to drive defensively. While drivers cannot always predict what other drivers will do, the surest way to protect yourself is to practice defensive driving.
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Yahoo News - 1/7/2025
'The View' star Sunny Hostin's surgeon husband accused of insurance fraud in sweeping federal lawsuit
Hostin and the other 180 defendants named in the RICO case were allegedly receiving "kickbacks" for performing surgeries and fraudulently billing the insurance company that provides for Uber, Lyft and other taxi companies.
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Bloomberg - 12/31/2024
NYC’s Taxi Mess Was Driven by Decades of Inaction and ‘Massive’ Fraud
Authorities are struggling to contain the damage from insurer ATIC’s insolvency. The company says it’s a victim of widespread fraud, but taxpayers, cab drivers and consumers risk footing the bill.
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S&P Global - 12/18/2024
American Transit alleges fraudulent accident claim conspiracy in $150M lawsuit
An insolvent commercial auto liability insurer has filed a federal lawsuit against healthcare providers, alleging they conspired to submit fraudulent accident claims to the company.
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R Street Institute - 10/22/2024
Letter to New York Governor Hochul regarding Concerns with ATIC and New York Insurance Market for Commercial Automobile Liability Insurance
The release of a revised Actuarial Statement of Opinion for American Transit Insurance Company (ATIC) revealed an alarmingly large deficit in ATICs loss reserves.
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US Attorney's Office, Southern District of New York - 10/17/2024
Four Defendants Charged In Multi-Million Dollar No-Fault Insurance Fraud Scheme And Money Laundering Conspiracy
The Indictment charges: operating an extensive no-fault insurance fraud that submitted more than $11 million in fraudulent claims for psychological testing and services—and for laundering the proceeds of that fraud through a network of illicit check cashers.
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New York Law Journal - 10/16/2024
A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out
Major property and casualty insurance companies filed 26 lawsuits within a week—with 19 coming from Allstate.
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AM New York - 10/07/2024
Op-Ed | The lawsuit industrial complex is destroying New York’s for-hire transit industry
News that inflated settlements and jury verdicts have undermined the stability of New York’s top insurer for taxis, black cars, and ridesharing is sending shockwaves through New York’s insurance and transit industries—and exposing a crisis in our courtrooms.
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Wall Street Journal - 9/29/2024
New York’s Legal Corruption Racket
Ride-share insurers are failing the state or fleeing amid litigation abuse.
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City & State - 9/28/2024
Opinion: NYC’s for-hire drivers are on the brink. Let’s give them a lifeline.
NYC Councilwoman introduces new legislation to alleviate rideshare insurance stress
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New York Times - 9/17/2024
Looming Insurance Crisis Threatens Taxis and Ubers in New York City
American Transit, the largest insurer of the city’s for-hire vehicles, is at significant risk of failure. Its collapse could create a crisis that would take thousands of cars out of service.
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New York Post - 9/07/2024
AG James MUST fight the fraud threatening taxi insurers, to help ALL New Yorkers
New York city’s biggest insurer of taxis, black cars, Uber, and other for-hire vehicles is on the brink of a collapse.
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Claims Journal - 9/05/2024
NYC Cab Crash Sends Rider on ‘Nightmare’ to Get Insurance Money
ATIC, is being sued in federal court by Uber Technologies Inc. for a “consistent pattern of failing to honor coverage for ride-share drivers in New York City who get into accidents.”