NY FY2027 Auto Tort Reform – Changes for Personal Injury Case Intake, Strategy & Valuation
New York’s Fiscal Year 2027 (FY2027) budget law attempts to reform key aspects of the Empire State’s automobile insurance and tort system. Supporters of the law tout the legislation’s efforts to reduce insurance fraud and costs. According to Governor Kathy Hochul’s office, New Yorkers pay an average of just over $4,000 per year for automobile insurance, or approximately $1,500 north