Kathryn Wylde, president and CEO of the Partnership for New York City, sat down for a fireside chat at City & State’s recent New York’s Car Insurance Affordability Crisis event, presented in partnership with Citizens for Affordable Rates, which gathered industry experts and governmental officials for a day of robust discussions on how to lower the costs of auto insurance for New Yorkers.
Wylde offered highlights from a new study released by the Partnership for New York City, “Excessive Litigation Is Driving New York’s Affordability Crisis,” and her insights on why insurance costs have risen, and what can be done to lower them. The Oct. 29 discussion was held before attendees at the Museum of Jewish Heritage in lower Manhattan. This interview has been edited for lengthy and clarity.
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