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Recovering trips, ending $1 driver payments, and closing Accessible Dispatch pulled TIF from projected -$105M balance. O...
06/25/2026

Recovering trips, ending $1 driver payments, and closing Accessible Dispatch pulled TIF from projected -$105M balance. Once transition costs clear, fund should have room to restore $1, if trips hold

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TIF Is Solvent. Whether Drivers See the $1 Bonus Again Depends on Trips: Recovering trips, ending $1 driver payments, an...
06/24/2026

TIF Is Solvent. Whether Drivers See the $1 Bonus Again Depends on Trips: Recovering trips, ending $1 driver payments, and closing Accessible Dispatch pulled TIF from projected -$105M balance. Once transition costs clear, fund should have room to restore $1, if trips hold

Recovering trips, ending $1 driver payments, and closing Accessible Dispatch pulled TIF from projected -$105M balance. Once transition costs clear, fund should have room to restore $1, if trips hold

American Transit CEO: “If We Came Out of This Market, Uber Would Be in Trouble”In rare public comments, ATIC CEO Ralph B...
06/17/2026

American Transit CEO: “If We Came Out of This Market, Uber Would Be in Trouble”

In rare public comments, ATIC CEO Ralph Bisceglia, featured first by The Publius National Post and then in a Newsmax opinion column, lays out a blockchain vision for the TLC insurance market

American Transit CEO: "If We Came Out of This Market, Uber Would Be in Trouble"In rare public comments, ATIC CEO Ralph B...
06/17/2026

American Transit CEO: "If We Came Out of This Market, Uber Would Be in Trouble"

In rare public comments, ATIC CEO Ralph Bisceglia, featured first by The Publius National Post and then in a Newsmax opinion column, lays out a blockchain vision for the TLC insurance market

In rare public comments, ATIC CEO Ralph Bisceglia, featured first by The Publius National Post and then in a Newsmax opinion column, lays out a blockchain vision for the TLC insurance market

On June 12th, the New York City Taxi and Limousine Commission published the initial results of what it calls a “first-of...
06/16/2026

On June 12th, the New York City Taxi and Limousine Commission published the initial results of what it calls a “first-of-its-kind driver survey” designed to gather direct input from licensees and guide agency priorities under the Mamdani administration. The survey launched April 20th at JFK’s taxi and for-hire vehicle (”rideshare”) lots, where newly appointed Chair and Commissioner Midori Valdivia introduced it to drivers in person.

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What 3,930 Drivers Told the Taxi & Limousine CommissionIn TLC's first-of-its-kind driver survey, the clearest message is...
06/16/2026

What 3,930 Drivers Told the Taxi & Limousine Commission

In TLC's first-of-its-kind driver survey, the clearest message is that earnings aren't keeping up with the cost of driving

In TLC's first-of-its-kind driver survey, the clearest message is that earnings aren't keeping up with the cost of driving

Ahead of the FIFA World Cup, “Operation Legal Ride” pairs license plate readers and real-time detection with DMV license...
06/11/2026

Ahead of the FIFA World Cup, “Operation Legal Ride” pairs license plate readers and real-time detection with DMV license points, higher impound fees, and an enforcement surge at JFK, LGA, and Newark

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"They're Stealing Our Jobs": Port Authority, TLC Use AI Cameras In $100 Million Crackdown On Airport HustlersAhead of th...
06/11/2026

"They're Stealing Our Jobs": Port Authority, TLC Use AI Cameras In $100 Million Crackdown On Airport Hustlers

Ahead of the FIFA World Cup, "Operation Legal Ride" pairs license plate readers and real-time detection with DMV license points, higher impound fees, and an enforcement surge at JFK, LGA, and Newark

Ahead of the FIFA World Cup, "Operation Legal Ride" pairs license plate readers and real-time detection with DMV license points, higher impound fees, and an enforcement surge at JFK, LGA, and Newark

This installment does something different. Rather than tell you what we think of American Transit, we are going to let t...
06/10/2026

This installment does something different. Rather than tell you what we think of American Transit, we are going to let the company speak for itself. On April 1, 2026, ATIC CEO and President Ralph Bisceglia sent the company’s 2025 Management Discussion and Analysis (MD&A) to the New York State Department of Financial Services (DFS), the state’s insurance regulator. It is American Transit’s own account of its year, its operations, and the plan the company implies will dig it out of its insolvent position.

Today, we act mostly as a translator, rendering the technical insurance language into something readable, and letting the company make its case before we make ours. Ours comes in the next part of this continuing series on TLC insurance.

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American Transit CEO Bisceglia Makes His Case to DFS, ATIC Posts Q1 ProfitPart 1 showed how deep the hole is. Now ATIC's...
06/10/2026

American Transit CEO Bisceglia Makes His Case to DFS, ATIC Posts Q1 Profit

Part 1 showed how deep the hole is. Now ATIC's own case: Bisceglia's letter to DFS and a $13.5 million quarter. Former senior New York State insurance regulator joins American Transit board

Part 1 showed how deep the hole is. Now ATIC's own case: Bisceglia's letter to DFS and a $13.5 million quarter. Former senior New York State insurance regulator joins American Transit board

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