The Mamdani administration on Wednesday took a step to make its city-backed insurance program for rent-stabilized buildings a reality. The city-backed program is an attempt to drive down the cost of property and liability insurance, which has skyrocketed over the past few years. The city is hoping insurance-related entities will apply to stand up the […]

The post Search Begins for Operator of City-Backed Insurance With $100M in Public Funds appeared first on The City Reporter.