Sef «.. TRANSIT INSURANCE COMPANY March 20, 2017 Governor Andrew Cuomo Executive Chamber State Capitol Albany. NY 12247 Dear Governor Cuomo: effectively otter covert, Me Insurance requirements set forth would simply be too high for oe eg effectively offer coverage Fhis bill imposes insurance coverage requirements of $1.5 million dollars when a driver is on the way {oick up a passenger or there is a passenger in the car. That is 20 times higher than current Upstate for-hire limits during trips. To coverage being proposed, it is ONE METROTECH CENTER * BROOKLYN, NEW YORK 11201-3948 « TEL: 212-857-8200 * 1-800-683-ATIC o2sr2L002Page Two March 20, 2017 ‘American Transit Insurance Company Additionally, when a passenger is not in the car, the bill requires coverage limits of $75,000 / $150,000 / $25,000 - rates more than twice that required of Upstate taxi companies. $75,000 / $150,000 / $25,000 limits would also be a unique product, unheard of in the industry and difficult to create, ATIC encourages you to re-examine how these liability minimums were decided upon and give deeper consideration to how this will impact the industry Respectiully, fohn Poklemba General Counsel ‘American Transit Insurance Company