Lower Costs, Better Transit: Governor Hochul Announces that Auto Insurance Reform Would Save MTA Nearly $50 Million Annually

Governor Hochul has announced a new auto insurance reform that is expected to save the Metropolitan Transportation Authority (MTA) about $50 million each year. This change will help reduce costs for the MTA, which can improve public transit services. Insurance agents should stay informed about these reforms as they may impact auto insurance rates and policies in the area.