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Car insurance crackdown: NY Gov. Hochul, lawmakers weigh limit on rate hikes

1+ hour, 55+ min ago  (813+ words) Published Apr 28, 2026 at 12: 20 p. m. ET New York Gov. Kathy Hochul and legislative leaders are considering giving regulators more power to limit cost increases for consumers by making insurance companies seek prior state approval for any rate increase, according to three people…...