Best's News


NY Regulators: NYC's Largest Taxi Insurer Insolvent by $665 Million; Sale Possible

The American Transit Insurance Co., New York's largest insurer of taxi cabs, is insolvent by approximately $665 million and must consider all options for recapitalization, state regulators . . .

-- This content requires registration --

Already registered?

Login

Not registered?

Register for free

Capital And Surplus New York Reserves Commercial Automobile Insurance Insolvency


Latest News

More from Best’s News


Trending

1
BLUE CROSS AND BLUE SHIELD PLANS
BCBS Michigan ‘Blindsided’ by Monopoly Accusations in State Lawsuit
Oct 09, 2026 04:00 PM (EDT)


3
EXCESS AND SURPLUS LINES INSURERS
New American Coastal Subsidiary ACES to Write Cat-Exposed Commercial Property E&S
Oct 09, 2026 04:17 PM (EDT)

4
MANAGING GENERAL AGENT
Amwins Launches MGA Specializing in Hard-to-Place Risks
Oct 06, 2026 02:54 PM (EDT)