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Kathy Hochul: “It's all directly related to the insurance premiums put on…”

Featuring: Kathy Hochul, Democratic | Governor of New York

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Governor Hochul Makes an Announcement

Published | Video Starts at 29:21

But to have costs that are so prohibitive now for families where you're costing. Your child care costs are up and utility bills are up and have our car insurance bills so high, It's all directly related to the insurance premiums put on New York state because of very high litigation costs. I mean, that is a huge driver here, more than other states. So I will tell you this. This is something I'm looking very seriously at in the next session of the legislature and in my state of state address. (29:21–29:29)

CLAIM

Asserts that high litigation costs are a major factor in high insurance premiums in New York.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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