American Transit is yet another troubled carrier

[NY independent]

$700 mill in losses? They insure 117,000 taxis in NYC alone, not to mention ride sharing cars. Man oh man....NYS needs to figure this one out and fast. There are no markets here (except for NYAIP) that is writing these. Why isn't this front page news??

 

[marindependent]

Yep, crazy bad

here is the article