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Kathy Hochul: “Insurance companies are so looking forward to this occurring…”

Featuring: Kathy Hochul, Democratic | Governor of New York

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Governor Hochul Highlights Proposals to Bring Down Costs of Auto Insurance Rates and Tackle Fraud

Published | Video Starts at 21:54

This is going to be a huge battle heading into the legislature and there'll be a lot of outside interests that try to stop us. So I know that's coming. And the Insurance companies are so looking forward to this occurring because their costs are going to go down dramatically. So yes, we are having conversations about our full expectation that we're taking on this fight so they can reduce the premiums. (21:54–22:01)

CLAIM

Asserts that insurance companies expect their costs to decrease significantly.

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