State Assembly to review auto insurance costs
Thu, 10 Apr 2014 14:55:40 GMT —
State lawmakers are taking a look at why New Yorkers pay some of the highest auto insurance rates in the nation.
Insurance industry representatives, consumer advocates and state officials tasked with regulating insurance are expected to weigh in at a legislative hearing scheduled for Thursday morning.
The hearing is intended to focus on the availability of affordable automobile insurance and the factors that contribute to high insurance costs.
Assemblyman Kevin Cahill, who leads the Assembly's Committee on Insurance, will preside over the hearing.