For more than a decade, New York City has been grappling with an escalating traffic crisis, and many attribute this worsening situation to the city’s leadership over the last 12 years. A combination of inconsistent law enforcement, poorly thought-out infrastructure changes, and political gridlock has contributed to a chaotic transportation landscape. Here’s a breakdown of the key factors driving New ...

The U.S.-based financial advisory firm, Bloomberg, has recently reported a concerning situation involving American Transit Insurance Company (ATIC), the largest insurer for commercial taxis, black cars, and for-hire services like Uber and Lyft in New York. According to Bloomberg, ATIC is facing net losses exceeding $700 million, primarily due to fraudulent claims, putting the company on the brink of collapse ...