NY Auto Insurance Rule Changes: Victims vs. Insurers
New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Governor Hochuls auto insurance reform proposals spark concern as they could shift costs from negligent drivers and insurers onto victims, Medicaid, and taxpayers. The changes, which include scrapping joint and several liability, altering the definition of a serious injury, and switching to modified comparative negligence, may make claims harder for victims like a teenager from Brooklyn seriously injured in a Jeep accident. Insurance companies cite fraud for rising premiums, but critics point to record profits. Lawmakers grapple with questions of affordability and fairness as the debate intensifies.
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