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January 5 – New York City enacts a congestion charge for vehicles entering Lower and Midtown Manhattan below 60th Street, becoming the first city in the United States to do so. All proceeds go to the Metropolitan Transportation Authority , which plans to invest in long-term transportation initiatives citywide.
The amount of coverage may be a blue book value or an agreed value that was set when the policy was purchased. [6] The use of the insurance term "hull" to refer to the insured aircraft betrays the origins of aviation insurance in marine insurance. Most hull insurance includes a deductible to discourage small or nuisance claims.
In the United States, an SR-22 (sometimes referred to as a certificate of insurance [a] or a financial responsibility filing) [1] [2] is a vehicle liability insurance document required by most state departments of motor vehicles (DMV) offices [b] for "high-risk" insurance policies. [3] An SR-22 is not an insurance policy, but a filing, or an ...
David Robinson, New York State Team August 30, 2024 at 3:25 PM Health insurance rates in New York for individuals will increase 12.7% on average next year while small-group plan rates rise 8.4% ...
Subject to the "fortuity principle", the event must be uncertain. The uncertainty can be either as to when the event will happen (e.g. in a life insurance policy, the time of the insured's death is uncertain) or as to if it will happen at all (e.g. in a fire insurance policy, whether or not a fire will occur at all). [4]
You may see New York’s required liability insurance coverage expressed as 25/50/10, which is shorthand for $25,000 of bodily injury liability per person, $50,000 of bodily injury liability per ...