"Hogan reported that Gov. Hochul offered the state Legislature a deal: In return for lawmakers' support on the bulk of her car insurance premium cut proposal, the governor would drop her proposed changes to joint and several liability."
"Lawmakers see Hochul's latest negotiating effort as a good jumping off point, given that the governor had previously rebuffed any alterations to her plan."
"Pols still retain concerns about whether any reforms will actually deliver savings and whether crash victims will retain their ability to get all the compensation they deserve for catastrophic, life-altering injuries."
Gov. Hochul offered the state Legislature a deal to gain support for her car insurance premium cut proposal. In return, she would drop changes to joint and several liability, which requires all responsible parties in a crash to pay their proportional share of damages. Lawmakers view this as a positive negotiating effort, but concerns remain about whether reforms will provide actual savings and ensure crash victims receive adequate compensation for severe injuries.
Read at Streetsblog New York City
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