New York Officials Signal Higher For-Hire Vehicle Insurance Rates Over Next Three Years

New York City, USA - March 5, 2016: Uber car service with sign in car window is waiting to pickup passengers on 6th Avenue in Manhattan, NY.

As part of remedial measures implemented earlier this year, policy rates are expected to increase by approximately 25% on a weighted average basis over the next three years, according to individuals familiar with the plans.

Deadly Shooting at Brown University

Providence, United States - August 9, 2014: A closed gate is seen outside the entrance to the Front Green on the campus of Brown University along Prospect Street. Brown University, a private Ivy League university that was founded in 1764, is the 7th oldest institution of higher learning in the United States and currently has over 8,000 enrolled students.

As of Monday, officials said they are still searching for the gunman and have not announced any arrests or identified a motive.

Soaring Premiums Push Homeowners Toward Higher Deductibles to Keep Coverage Affordable

Soft early morning sunlight illuminates a newly remodeled suburban neighborhood home. Several shrubs are still buried in snow, but this very early spring snowfall will soon melt. Horizontal orientation.

A key response has been the greater acceptance of higher deductibles, which can lower premiums but shift more financial responsibility to the homeowner in the event of a loss.