Regulations

NJ Operators Seek Help To Review Insurance Policies

Posted on November 29, 2011

Page 1 of 2

LUMBERTON, N.J. — New Jersey operators who routinely handle runs in New York are scrambling to make sure their insurance policies qualify under New York Taxi and Limousine Commission rules about carrying adequate personal injury protection.

The flap over the rule erupted after some New Jersey operators were denied NYTLC limousine vehicle registrations and renewals because they didn’t carry the explicit PIP protection required of New York-based operators. The new TLC rule requires that operators who do business in New York City, including the LaGuardia and JFK International airports, have liability insurance policies that carry $200,000 of personal injury protection (PIP) coverage.

A meeting last week between transportation attorney and former NYTLC Commissioner Matt Daus and officials from the NYTLC resulted in the regulatory authority recognizing the Lancer ISO Line of Insurance Program as meeting its PIP requirement. Lancer is the largest vehicle insurer in the chauffeured transportation industry and has many clients in the New Jersey-New York market. Daus is also general counsel for Lancer Insurance.

“The language in the Lancer policy is like the PIP coverage,” said Barry Lefkowitz, executive director of the Limousine Associations of New Jersey. “It specifically increases automatically to the requirement of the state when [operators] cross the border.”

Now the challenge for New Jersey-based operators under other insurance providers is to make sure the NYTLC would recognize their specific policy languages as similar to that of Lancer’s. Since LANJ alerted its members about the NYTLC change in an e-blast last week, Lefkowitz’s lobbying firm in Lumberton, N.J. has been inundated with calls. On the Wednesday before Thanksgiving alone, his offices received at least three dozen calls and a number of e-mails from mostly smaller operators with policies written by smaller insurance providers. They have even fielded calls from operators in Connecticut and Pennsylvania who do business in New York City.

“Some folks are scared to death that they can’t do business,” Lefkowitz said. “A number of non-LANJ members contacting us.”

Lefkowitz has been asking the inquiring operators to send LANJ copies of their policies so they can review them and make sure their ISO forms parallel those of Lancer Insurance. The review often involves talking to multiple insurance agents familiar with the policies. Daus and Lancer agents have been helping LANJ handle the requests.

View comments or post a comment on this story. (0 Comments)

More News

Florida Operator Explains How Uber, Lyft Get Free Ride

“What they are doing is undercutting everybody on pricing and therefore knocking us out of business."

Proposed Law Would Dismantle Nevada’s Limo Cartel

Commentary: Uber was able to get a bill passed that exempted TNCs from competitor vetoes, but other companies were left in the dust.

Uber, Lyft Now Regulated Under Michigan Law

Before, the TNCs did not have to pay state application and registration fees taxi and limo companies had to pay.

Judge Approves Big Settlement For Lyft Drivers

A $12.25 million settlement offer had previously been rejected because it "short-changed" independent contractors.

Most Consumers Say TNCs Should Ride By The Rules

A National Limousine Association commissioned Harris Poll shows strong public support for stricter TNC business practices.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - March 2017 $12.95 INT'L LCT SHOW ISSUE COVER STORY: * Innovate or Die: Show To Be a Business "Disrupter" * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close