Q&A
TLC's data collection on PIP insurance claims
1:24:09
ยท
40 sec
The council member inquires about the TLC's data collection practices regarding PIP insurance claims. Commissioner Do explains the limitations of TLC's role in this area.
- TLC does not collect data on PIP insurance claims as they are not the insurance regulator.
- The commission collects information on registration and insurance for all drivers to ensure they meet minimum coverage requirements.
- TLC does not have data on how many claims exceeded the default $50,000 coverage rate.
- The lack of direct access to claim data limits TLC's insight into the actual usage and sufficiency of current coverage levels.
Selvena N. Brooks-Powers
1:24:09
Does TLC collect any data on PIP insurance claims in the city?
David Do
1:24:14
We do not collect again,
Chris Banks
1:24:16
we're we're
David Do
1:24:17
not the insurance regulator, so we don't have, that authority.
1:24:20
But what we do collect, is information, on registration and insurance that every single, one of our, drivers have.
1:24:30
And so they have to meet the minimum coverage requirements, that, we set out before the our vehicle is approved to operate.
Selvena N. Brooks-Powers
1:24:39
So you have no line of sight in terms of how many claims exceeded the default $50,000 coverage rate?
David Do
1:24:45
Yeah.
1:24:45
Again, we're not an insurance regulator, so we don't get that data.