Auto insurance compliance from Yellow Cab failing to prove itself

taxi auto insurance
Auto insurance data spat could lead...
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Officials from the city of Dallas have yet to be fully convinced that the taxi company’s coverage is adequate. Though Yellow Cab Company in Dallas has been making the effort requested of it to show that its taxis have adequate auto insurance coverage in order to comply with the city’s requirements, it has – as of the writing of this article – been unsuccessful. This insurance news is according to a recent update from the city attorney’s office. Yellow Cab’s parent company was asked to submit the documentation regarding its…

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Auto insurance rule compliance for Yellow Cab in Dallas expedited

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The city is now accelerating their demands that the taxi company meet the regulations. Following the discovery that Yellow Cab had not actually been following the Dallas auto insurance rules for taxi companies, a spokesperson for the city has announced that they are expediting the process to ensure that this business complies with the regulations for operation. The problem arose when it was discovered that Yellow Cab has been self-insuring, which is against Dallas law. Critics have suggested that Dallas has been deliberately been looking a blind eye to this…

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Auto insurance requirements may not have been met by Yellow Cab

taxi auto insurance

The city of Dallas’ requirements for coverage may have been violated by this and other taxi companies. According to public records, taxi companies owned by Irving Holdings Inc., which include the giant and well recognized Yellow Cab, appear to have auto insurance policies that include a “self-insured retention” which makes the payment on claims of up to $250,000. However, the law in the city of Dallas was changed back in 1996, and the taxi company may not have conformed. In 1996, the city law was altered to include a requirement…

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