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Fleet Owners in New York City need a Trade Organization!

The Black Car industry in New York City (“NYC”) has a trade association named the Black Car Assistance Corp (“BCAC”). The Livery industry in NYC has a trade association named the Livery Round Table (“LRT”). Taxi drivers in NYC have a trade association named the Taxi Workers Alliance (“TWA”) and the Luxury Limousine sector has…

FHV Insurance- FHV Driver Must Ask About Broker’s Fees

It is that time of the year when For-Hire Vehicle (“FHV”) drivers in NYC are scrambling to renew their FHV auto insurance policies. In the rush to renew, some drivers don’t look to see or even ask of their broker is charging them a fee for their services. I don’t mean the commissions paid by the…

Stable Insurance- FHV Insurance Right At Your Fingertips

Let’s face it.  Insurance renewal time for NYC For-Hire Vehicle (“FHV”) drivers is a long, frustrating and often painful process. Why is this the case? Historically, FHV drivers have to make multiple trips to their insurance broker’s office, fill out long applications, send emails to follow up, provide driver’s abstract, etc. All of this time…

Will the N.Y City Council Permit Advertising in FHVs?

About one month ago, I authored a blog on this site detailing the case of Vugo, Inc. an infotainment company that wanted to place advertisements in for-hire vehicles. Despite the financial benefits that would come to drivers as a result of allowing such ads, the TLC  prohibited Vugo and others from displaying such ads because,…

New Type of Insurance For FHV Drivers- Parametric Insurance

While most for-hire vehicle (“FHV”) drivers have heard of insurance, they typically relate it to auto insurance or Workers’ Compensation insurance. Parametric insurance is a different type of insurance that most FHV drivers have never heard of. Most insurance involves an accident, a claims process, an adjustment process, and a payment process. All of these…