Cab drivers call on Labor to take urgent measures to curb insurance price hikes
Cab drivers continue to press to stop the price increases of the policies that cover their activity, which they consider abusive and unjustified. This group of workers and this Friday their representatives - the president of Antaxi,
As Sanz denounced during the protests last January, there are cab drivers who have to face policies or renewals of "more than
After the meeting this Friday, Diaz denounced that "what they are suffering in the sector is a kind of unequal and unfair negotiation by the insurance companies". In addition, the minister assured that from the Government they are going to "demand some considerations from the insurance companies, the first of them the principle of transparency".
"We want to continue to maintain a quality public service and in this situation we are asking the Administration for protection, which has the tools to limit disproportionate increases in policies, provide transparency to these disproportionate premiums and discriminate between sectors so that each one pays for the claims it causes," said the president of Antaxi, who was grateful for the commitment shown by Díaz.
The continuity of this public service of general interest goes through putting an end to this situation that, in the words of Sanz, is "critical", especially in rural areas and for those professionals who operate with Eurotaxis. "It gives us the impression that we are paying for the broken dishes of other modes of transport because the accident rate of the cab remains stable and there is no element that now justifies this disproportionate increase in fees," explained Sanz.
During the meeting, there was also time to discuss other issues of great relevance for professionals in the sector, such as early retirement for professional cab drivers. For Diaz, this is a profession that has "features of hardship and other features that would deserve their own attention in terms of early retirement".


Can DOGE access your personal information?
Women seek $1M in rejected insurance claims Continuity agreement in question during fees dispute between United HealthCare and OB-GYN practice.
Advisor News
- Estate planning during the great wealth transfer
- Main Street families need trusted financial guidance to navigate the new Trump Accounts
- Are the holidays a good time to have a long-term care conversation?
- Gen X unsure whether they can catch up with retirement saving
- Bill that could expand access to annuities headed to the House
More Advisor NewsAnnuity News
- Insurance Compact warns NAIC some annuity designs ‘quite complicated’
- MONTGOMERY COUNTY MAN SENTENCED TO FEDERAL PRISON FOR DEFRAUDING ELDERLY VICTIMS OF HUNDREDS OF THOUSANDS OF DOLLARS
- New York Life continues to close in on Athene; annuity sales up 50%
- Hildene Capital Management Announces Purchase Agreement to Acquire Annuity Provider SILAC
- Removing barriers to annuity adoption in 2026
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Jackson Awards $730,000 in Grants to Nonprofits Across Lansing, Nashville and Chicago
- AM Best Affirms Credit Ratings of Lonpac Insurance Bhd
- Reinsurance Group of America Names Ryan Krueger Senior Vice President, Investor Relations
- iA Financial Group Partners with Empathy to Deliver Comprehensive Bereavement Support to Canadians
- Roeland Tobin Bell
More Life Insurance News