Which is intended to pay for accident victims’ medical bills, by performing needless procedures on accident victims who only had minor injuries.
The insurer contends that false claims such as these increase rates and hurt the public by causing the insurance market for cab and ride-share drivers to become unstable.
American Transit claims that fraud is a major problem in the insurance sector in New York and is suing for more than $450 million in damages.
According to the insurer, millions of incorrect payments have resulted from the misuse of the No-Fault Law, driving up insurance prices for diligent livery and taxi drivers.
Legal experts disagree on the case’s merits, even if it hasn’t developed completely yet. While some, like American Transit’s William Natbony,
