New York City Overhauls Taxi Insurance Regulations, Removing Solvent Requirement
2 months ago
In a significant shift aimed at modernizing the taxi industry, New York City has decided to eliminate the longstanding solvent requirement from its taxi insurance regulations. This pivotal change is part of a broader effort to address the financial burdens faced by taxi operators and enhance their operational viability amidst a dramatically evolving transportation landscape.
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New York's Congestion Pricing Faces Legal Scrutiny Ahead of Implementation
3 months ago
New York City is on the brink of implementing its long-awaited congestion pricing plan, but significant legal hurdles still loom. On December 20, 2024, a critical legal decision is expected regarding a lawsuit challenging the program, which aims to alleviate traffic congestion in Manhattan's central business district and improve air quality.
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