This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

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?

Not registered?

Register for free

Capital And Surplus New York Reserves Commercial Automobile Insurance Insolvency

Reprints & Redistribution

Latest News

PEOPLE IN INSURANCE
Hub International Appoints Chief Marketing Officer
Oct 15, 2024 01:48 PM (EDT)

LOUISIANA
Medical Billing, Litigation Funding Transparency Dominates Louisiana Auto Reform Talks
Oct 15, 2024 01:42 PM (EDT)

EARNINGS
Helene Cost Progressive $563 Million in September
Oct 15, 2024 01:26 PM (EDT)

MERGERS AND ACQUISITIONS
Citing Social Impact, Singapore Halts $1.68 Billion Allianz Acquisition of Income Insurance
Oct 15, 2024 01:02 PM (EDT)

EARNINGS
UnitedHealth Third-Quarter Net Income Ticks Up, Touts Growing Consumer Base
Oct 15, 2024 12:22 PM (EDT)

More from Best’s News

Trending

1

PEOPLE IN INSURANCE
Arch Capital Group Appoints CEO
Oct 14, 2024 02:36 PM (EDT)

2

SPECIAL REPORT
Best’s Market Segment Report: Slowing US Housing Market a Key Challenge for Title Insurers
Oct 14, 2024 10:16 AM (EDT)

3

CONFERENCES
AM Best to Speak at Big I Illinois’ CONVO 2024 Conference
Oct 14, 2024 08:06 AM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

LOSSES
Industry Watchers Expect $5 Billion or More in Losses From Hurricane Helene
Sep 27, 2024 04:20 PM (EDT)

1

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

2

SPECIAL REPORT
Best’s Commentary: Hurricane Milton to Pose Severe Challenge for Florida Property Insurers and Reinsurers
Oct 09, 2024 11:58 AM (EDT)

3

HURRICANES
BMS: Hurricane Milton Losses Could Rival Katrina if Cat 4 Winds Hit Tampa
Oct 08, 2024 04:57 PM (EDT)

4

LOSSES
Industry Watchers Expect $5 Billion or More in Losses From Hurricane Helene
Sep 27, 2024 04:20 PM (EDT)

5

PRESS RELEASE
Best’s Review: World’s Largest Insurance Companies, Top 50 Global Reinsurers and More
Jan 24, 2024 01:31 PM (EST)

1

LOSSES
Industry Watchers Expect $5 Billion or More in Losses From Hurricane Helene
Sep 27, 2024 04:20 PM (EDT)

2

PRESS RELEASE
Best’s Review: World’s Largest Insurance Companies, Top 50 Global Reinsurers and More
Jan 24, 2024 01:31 PM (EST)

3

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Accelerant Insurance Limited and Accelerant Specialty Insurance Company
Feb 01, 2021 09:40 AM (EST)

4

Asurion Lays Off Hundreds of Employees Globally
Nov 20, 2019 03:59 PM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

1

LOSSES
Industry Watchers Expect $5 Billion or More in Losses From Hurricane Helene
Sep 27, 2024 04:20 PM (EDT)

2

PRESS RELEASE
Best’s Review: World’s Largest Insurance Companies, Top 50 Global Reinsurers and More
Jan 24, 2024 01:31 PM (EST)

3

PRESS RELEASE
Best’s Market Segment Report: Ransomware and Aggregation Issues Call for New Approaches to Cyber Risk
Jun 02, 2021 09:27 AM (EDT)

4

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Accelerant Insurance Limited and Accelerant Specialty Insurance Company
Feb 01, 2021 09:40 AM (EST)

5

Three Insurers Win Ruling That WTC Disaster Was One Event
Sep 25, 2002 12:00 AM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
051561	American T, Inc.

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html