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CITY COUNCIL PASSES LANDMARK INSURANCE REFORM BILL, PAVING WAY FOR LOWER COSTS FOR NYC’S FOR-HIRE DRIVERS & PASSENGERS

Summary by empirereportnewyork.com
Council Unanimously Approves CM De La Rosa’s Legislation to Cut Excessive Insurance Mandate From $200K to $100K NEW YORK — In a major victory for New York City’s for-hire vehicle (FHV) drivers and the millions of New Yorkers who rely on them, the City Council today unanimously passed legislation sponsored by Council Member Carmen De La Rosa (D-Manhattan, District 10) that will cut the city’s outdated and excessive auto insurance requirement from…
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empirereportnewyork.com broke the news in on Wednesday, June 11, 2025.
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