After the signing of changes to state's auto insurance law, new guidance issued by the Department of Financial Services makes ...
Governor Kathy Hochul today announced that the New York State Department of Financial Services has issued new guidance to insurers, implementing reforms enacted in the Fiscal Year 2027 Budget to help ...
(The Center Square) — New York Gov. Kathy Hochul is pledging to crack down on auto insurance fraud, including "runaway litigation" and staged accidents, that state officials say drive up rates for ...
Governor Kathy Hochul has unveiled a comprehensive plan to tackle New York's sky-high car insurance rates, which currently cost drivers an average of over $4,000 annually—nearly $1,500 above the ...
New York's Gov. Kathy Hochul said she wants to target auto insurance fraud, but an observation from the personal-injury bar said her plan doesn't do enough to hold "Big I" accountable. New York Gov.
Insurance fraud cases are increasing nationwide. But the higher number is likely due to stronger enforcement and better detection rather than just more crime, experts say. The Virginia State Police’s ...
Insurance fraud, unfortunately, is inevitable. A certain amount of fraud is priced into the product. The goal for insurers is ...