Article ID: b66fef5c5a4af591998038b9f3f95dd070defb134440a40583744ee54e7bd7e4
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/new-york-passes-auto-tort-reforms/
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New York passes auto tort reforms - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers New York passes auto tort reforms by Richard Sine New York Governor Kathy Hochul Auto liability , Risk Management May 27, 2026 New York Governor Kathy Hochul on Wednesday signed into law auto insurance-related legal reforms aimed at reducing premiums in the state. The reforms were passed as part of the broader state budget. Among the reforms, the bill tightens the threshold for “serious injury” by changing the definition to exclude “impairment of a non-permanent nature” that debilitates a person for more than 90 days. In addition, it caps noneconomic damages at $100,000 for motorists who were at fault, uninsured or “impaired.” And it modifies comparative negligence rules to prevent shifting costs away from responsible motorists. Finally, the budget enables prosecutors to seek criminal penalties against anyone who helps to stage an accident, not just the person behind the wheel, according to the governor’s office. Gov. Hochul said the reforms would help businesses as well as individuals. “I’ve heard from farmers who say these reforms will lower the cost of getting their goods to market and from construction supply companies who say this will lower the cost of building,” Gov. Hochul said in a statement. New York auto insurance rates average slightly more than $4,000 annually, nearly $1,500 above the national average, according to the statement. The American Property and Casualty Insurance Association said the bill would “help restore fairness, reduce costs, and improve insurance affordability for New Yorkers.” With tort reform stalled at the federal level, the association has pursued state-based reform, with successes in Florida and Georgia, among other states. Related News Activision shareholders reach $250M settlement over Microsoft buyout May 27, 2026 Contractor found liable for $1.17 million for inflated repair costs May 27, 2026 Lawmakers send contractor coverage bill to governor May 27, 2026 AI goes pro se, courts go ‘oh no’ May 27, 2026 Transactional risk claims jump 34%: Marsh May 27, 2026 Oakbridge buys Florida-based agency May 27, 2026 Property cat rates fall at mid-year renewals May 27, 2026 Cyberattacks fuel Asia coverage demand May 27, 2026 Insurers see limited impact from Middle East conflict: Report May 27, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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