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We are a leading writer of comprehensive insurance coverage for New York City’s taxi fleets, owner/drivers and individual owner/designated drivers. This coverage insures non-medallion licensed livery vehicles, including radio-based community cars and green taxis.
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5 Broadway Freeport, New York 11520 (212) 857-8200 Hours of Operation …
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N.Y.: American Transit Insurance Co.’s looming …
Oct 4, 2024 · American Transit Insurance Co., once a leading insurer of yellow cabs, black cars and ride-hail vehicles, is under severe financial distress, throwing New York City’s commercial ride-hail market into disarray. Approximately, …
New York Considers Making Property Insurers Cover …
Dec 12, 2024 · New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans.
NYC's biggest taxi insurer is insolvent, risking transit meltdown
American Transit, also known as ATIC, insures roughly 60% of New York City’s more than 117,000 commercial taxis, livery cabs, black cars and rideshare vehicles. It’s also insolvent.
New York City’s Biggest Taxi Insurer Is Insolvent, …
Sep 4, 2024 · American Transit, also known as ATIC, insures roughly 60% of New York City’s more than 117,000 commercial taxis, livery cabs, black cars and rideshare vehicles. It’s also insolvent.
Why New York City Risks Higher Taxi Costs Due to an Insurance …
Dec 31, 2024 · 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 …
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Advanced Technical Intelligence Center - Wikipedia
The ATIC aim is to develop an Advanced Technical Intelligence (ATI) workforce by providing training and education to all elements of the Intelligence Community (IC) and those interested …
New York Proposes Plan to Stabilize Taxi Insurance Market After ATIC …
Jan 21, 2025 · New York Proposes Plan to Stabilize Broken Taxi Insurance Market. Governor Hochul’s proposals aimed at addressing rate changes; Also vows “new resources” for …
NY regulator slams ATIC for decades of …
Sep 5, 2024 · ATIC, which has insured drivers and owners of cabs in the New York-area for more than 50 years, has long disagreed with third-party actuaries over the amount it sets aside for claims.
City Coming Back… On Foot? | Insurance Advocate
Jun 14, 2021 · ATIC has long been considered by many as a kind of “assigned risk” plan, an insurer of last resort for a key industry in its way, and its results show the scars.
