Governor Kathy Hochul announces reforms to bring down costs of auto insurance rates and tackle fraudulent claims across New York State as part of her FY27 Enacted Budget. New York State has passed reforms to bring down costs of auto insurance rates and tackle fraudulent claims across New York State as part the State Budget. Governor Kathy Hochul said New Yorkers’ insurance rates total an average of slightly more than $4,000 annually, nearly $1,5…
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