Supporters
“APCIA commends Governor Hochul for championing measures to tackle cost drivers impacting auto insurance premiums in New York State, including proposals to fight the rampant insurance fraud that plagues auto insurance in New York, as well as proposals to promote fairness in auto accident lawsuits. Reducing these cost drivers will help lower claims expenses and litigation costs, which are a major contributor to rising insurance premiums. By addressing these issues, consumers can ultimately benefit from more stable and affordable insurance costs; while ensuring they are protected from fraud and excessive legal costs. APCIA looks forward to working with the Governor and the legislature on these important issues.”
American Property Casualty Insurance Association Department Vice President Kristina Baldwin
“BCW supports the Governor’s proposal to lower insurance costs, specifically with regards to cracking down on fraud and bad actors to lower vehicle insurance rates by reinvigorating the State’s Motor Vehicle Theft and Insurance Fraud Prevention Board, empowering it to redouble its efforts toward zealously investigating and prosecuting insurance fraud across the state.”
The Business Council of Westchester Executive Vice President and COO John Ravitz
“Kudos to all of you who have supported Governor Hochul as we rebuilt and revived the MTA. The challenge going forward: how do we continue to make rapid progress? I know there’s still much to be improved, and we need your help. Firstly, I know we all want to get rid of wasteful spending. I’m proud that the MTA has already cut $500 million in recurring annual operating costs and that we’ll cut another $250 million by 2029. But the tort law system is sucking up money that should be spent on more and better service.”
The Metropolitan Transportation Authority (MTA) MTA Chair and CEO Janno Lieber
“MTA Construction and Development President Jamie Torres-Springer announced that 2025 was our biggest year ever for capital commitments -- $15.8 billion. More than $5 billion of that was enabled by congestion pricing. And we’re getting work done faster, better, and cheaper than ever, saving more than $3 billion since 2020.”
The Metropolitan Transportation Authority (MTA) MTA Chair and CEO Janno Lieber
“We’re grateful to Governor Hochul for her leadership in ensuring our civil liability laws are not exploited by bad actors. By tackling rampant fraud, her proposals will help make insurance more affordable and our roads safer. They'll also ensure the sophisticated actors who orchestrate these schemes are brought to justice and not merely the vulnerable people recruited as drivers. Fraud and lawsuit abuse are not victimless crimes. As other states like Florida and Georgia implement civil liability reforms, consumers are seeing real savings. We applaud Governor Hochul for putting New Yorkers first and taking meaningful steps to protect us all from the hidden cost of fraud.”
Lawsuit Reform Alliance of New York
Executive Director Tom Stebbins
“The New York Insurance Association appreciates Governor Hochul addressing fraud, abuse and excessive litigation to make auto insurance more affordable for New York drivers. Taking a strong stance against fraud and reining in excessive litigation are essential to tackling rising auto insurance costs. We stand with consumers in supporting solutions that reduce fraud and litigation and ensure there is a stable and sustainable insurance marketplace. We value the Governor’s leadership and agree that action is necessary to protect New Yorkers.”
New York Insurance Association, Inc.
President Cassandra Anderson, CAE
“NFIB commends Governor Kathy Hochul for tackling the auto insurance affordability crisis impacting all New Yorkers, including small business owners. Small businesses often cite the high cost of insurance premiums as a major problem and are looking for relief through premium reductions. The Governor's proposals to tackle fraud and limit unnecessary and expensive litigation are critical to the effort to bring down auto insurance premiums for Main Street. Make no mistake, fraud and out-of-control lawsuits are driving up insurance premiums for small businesses and consumers. These commonsense reforms embraced by other states should be welcomed here in New York.”
National Federation of Independent Business (NFIB) New York State Director Ashley Ranslow
“The Citizens Budget Commission (CBC) supports Governor Kathy Hochul’s proposals to reform New York’s auto insurance market. The status quo fails both drivers and insurers; these common-sense reforms can help rationalize the system, saving New York residents and businesses as much as $2 billion without any increases in State spending. If New York can achieve savings realized in other states that have reformed their insurance markets, New Yorkers’ premiums could shrink 10 percent, saving them at least $200 per vehicle per year.”
The Citizens Budget Commission (CBC) Director of Housing and Economic Development Studies Sean Campion
“If New York succeeds in reforming its auto insurance regulations, the savings for New York drivers could be substantial. A 10 percent reduction in premiums, comparable to what Michigan and Florida achieved, would save New Yorkers $1.9 billion—at least $200 per vehicle per year.
New York residents and businesses currently pay high and rising auto insurance premiums, even as insurers continue to lose money on these policies. Insurance reform is a smart choice that can make New York more affordable and competitive without any increase in State spending.”
The Citizens Budget Commission (CBC) Director of Housing and Economic Development Studies Sean Campion
“The Business Council is pleased to see included in Governor Hochul’s State Budget Proposal a package of meaningful insurance reforms to address the key drivers of high premiums, including insurance fraud, excessive litigation, outdated legal standards, and gaps in enforcement. These reforms will support safer roads, fairer rules, and more affordable auto insurance for New York’s families and employers.”
The Business Council of New York State, Inc.
President and CEO Heather Mulligan
“We thank Governor Hochul for recognizing that the insurance affordability crisis is not an abstract issue, but a real threat to jobs, safety, and economic stability. Her leadership in addressing rising insurance and litigation costs, as well as fraud, represents critical steps towards keeping New York's businesses on the road, shelves stocked, and our workforce employed.”
Trucking Association of New York
President Kendra Hems
