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Leroy Morrison addresses insurance challenges and cost reduction efforts

1:10:47

·

80 sec

Leroy Morrison, President of the NYC Commuter Van Association, discusses the high insurance costs faced by black and brown community businesses in the for-hire vehicle industry. He outlines efforts to reduce these costs through legislative action.

  • Morrison mentions taking the fight to Albany to introduce a risk protection group
  • He discusses a bill in Albany that could lower insurance costs for all for-hire vehicles
  • Morrison emphasizes that allowing street hails wouldn't raise insurance costs for commuter vans
Leroy Morrison
1:10:47
The most important thing is in the black and brown community.
1:10:50
Insurance is so high for us.
1:10:51
We're a small businesses.
1:10:53
And what what I did, I took that fight to Albany.
1:10:56
Just like the people upstate New York, they did a risk protection group last year, We have it passed.
1:11:02
We introduce a risk protection group also to lower the cost of the insurance in local New York City here.
1:11:08
So we all in the fire business can have affordable insurance.
1:11:13
I had that pass in the senate, but we didn't push it in the assembly, but hopefully next year we can do it.
1:11:19
And with this bill that we have up to you now in Albany, it will bring down the cost of the black car insurance per transit ambulance, commuter vans.
1:11:28
So we are calling on upstate the governor to sign this 1, will lower the cost for every fire vehicle, especially commuter vans because we were staying at least with the DFS we have in a hard time.
1:11:39
And for we have to say thanks also to the TLC commissioner for part of this movement, and it's been a movement, and we're not gonna stop and fight it till we get affordable insurance across New York City, for commuter van, for all for higher league across New York City.
1:11:54
Who's going through this problem here.
1:11:56
And that is the reason why we're here to, it doesn't raise the cost of the insurance because the street deal is just that we the street deal, and we've been operating for over 38 years.
1:12:07
And when we pick up a passenger.
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