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I vaguely remember a news article while back a taxi organization in the city had self insured its drivers and one bad accident has enough claims to bankrupt the
by pkaye 7y ago
I vaguely remember a news article while back a taxi organization in the city had self insured its drivers and one bad accident has enough claims to bankrupt the entire organization.
Edit: here is the article. They were found liable for $8M for paralyzing a passenger. A chicago company was liable for $26M in another case.
https://money.cnn.com/2016/01/25/technology/yellow-cab-bankruptcy/index.html https://money.cnn.com/2016/01/25/technology/yellow-cab-bankr...