American Transit, the largest insurer of the city's for-hire vehicles, is insolvent.
| September 22, 2024
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| Karsten Moran for The New York Times |
Looming Insurance Crisis Threatens Taxis and Ubers in New York CityAmerican Transit, the largest insurer of the city's for-hire vehicles, is insolvent. Its collapse could create a crisis that would take thousands of cars out of service. By Winnie Hu, Eli Tan and Ana Ley |
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