NATIONAL LIMOUSINE ASSOCIATION CALLS FOR URGENT ACTION ON INSURANCE CRISIS THREATENING THE PREARRANGED GROUND TRANSPORTATION INDUSTRY

MARLTON, N.J., Oct. 21, 2025 /PRNewswire/ -- The National Limousine Association (NLA) — the trade organization responsible for and dedicated to representing the interests of the chauffeured ground transportation industry at the global, national, state and local levels — is sounding the alarm on a growing insurance crisis that threatens the viability of thousands of small and mid-sized ground transportation operators across the United States. A newly released report from the University Transportation Research Center (UTRC), Curbing the Limousine Insurance Crisis, highlights the unsustainable rise in insurance premiums — even for companies with strong safety records and minimal claims.

"This report confirms what our members have been experiencing firsthand: a broken insurance system that penalizes safe operators and threatens the future of our industry," said Brett Barenholtz, President of the NLA. "We need immediate reforms to protect small businesses, ensure fair pricing and restore balance to the marketplace."

Featuring a national survey of for-hire vehicle operators, the report reveals that 87% of limo operators experienced insurance premium increases over the past three years, with 25% reporting hikes exceeding 25%. Despite these increases, nearly half had no claims, and 93% had no claims exceeding policy limits. Additionally, 79% have formal safety programs, which are often ignored by insurers.

"There are many root causes of this affordability crisis where operator costs are ultimately passed on to business travelers, and this report delves into the different issues in every state, but also offers concrete solutions for the industry, regulators and legislators to help stabilize premiums and mitigate risk," said Matt Daus, Esq., Transportation Technology Chair, UTRC at City College. "It is my hope that this blueprint for meaningful change will ensure the continued vitality of the limousine industry, and my message to all involved is — 'use it or lose it.'  The very continued existence of the industry is at stake, so this report cannot sit on a shelf."

The UTRC report identifies key drivers of the crisis, including insurance fraud, inflated legal settlements and regulatory delays. It also outlines a three-tiered solution framework:

• Immediate operator strategies, such as telematics and alternative insurance models
• Regulatory reforms, including faster rate approvals and recognition of safety programs
• Legal reforms, aimed at curbing excessive litigation and third-party lawsuit funding

The NLA urges policymakers, insurers and industry stakeholders to engage in collaborative dialogue and take swift action to implement the report's recommendations.

To read the full report, visit UTRC's website: www.utrc2.org/publications/curbing-limousine-insurance-crisis-hire-vehicle-insurance-reform.

About the National Limousine Association

Celebrating its 40^th anniversary this year, the National Limousine Association is an organization responsible for and dedicated to representing the interests of the chauffeured ground transportation industry at the global, national, state and local level. It is the unified voice of this industry — linking transportation industry professionals from owners and operators to suppliers, manufacturers, regional and state limousine associations. With 1,300+ NLA members, the Association is committed to exceeding expectations with regards to professionalism, transportation efficiency and safe riding.

SOURCE National Limousine Association