NYC taxi insurer ATIC files $150mn RICO suit against 180 Tri-State defendants

By Isha Marathe
Published: Wed 18 Dec 2024
American Transit Insurance Company (ATIC), the largest insurer of taxis and rideshare vehicles in New York City, filed a lawsuit on Tuesday seeking over $150mn in compensatory and punitive damages from 180 defendants in the New York and New Jersey area, accusing them of conspiring to submit thousands of fraudulent insurance claims.