ATIC posts $769mn Q2 loss, fueling concerns about NY livery market
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ATIC posts $769mn Q2 loss, fueling concerns about NY livery market

ATIC insures about 60% of the NY livery market.

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Industry players have noted concerns about the long-term sustainability of the New York livery market as the largest provider of commercial automobile insurance, American Transit Insurance Company (ATIC), posted a $769mn loss in Q2 2024, Insurance Insider US understands.

ATIC’s...

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