From the Philadelphia Inquirer article on philly.com:
Another insurer of taxicabs in the Philadelphia region is in financial trouble, threatening for the second time in less than a year the ability of some taxi owners to insure their cabs and of accident victims to collect for their medical bills.
The Philadelphia Parking Authority, the regulator of taxi operations in the city, is declining to accept insurance renewals for Philadelphia cabs written by Pinelands Insurance Co. Risk Retention Group Inc., of Washington.
Peter Barnett, litigation manager for The Gelb Law Group, LLC in Center City, said Pinelands settled with an accident victim on March 3, but has refused to pay the $15,000 due.
An adjustor for Pinelands told Barnett “we’re not paying any claims,” he said.
Telephone calls to Pinelands’ offices were not returned, and its adjustor in Voorhees could not be reached.
Gelb’s client, who was working as a medical assistant in Broomall, was a passenger in a taxi operated by County Cab, which operates in Delaware County. She hired the cab at 69th Street Terminal and was hurt when the taxi was in a one-car accident on West Chester Pike, Barnett said.
Her medical bills were nearly $20,000, which exceeded the $15,000 limit of the Pinelands policy, he said.
“In 40 years in this business, I’ve never seen a company just not pay a claim,” Barnett said. “Are the authorities just going to watch this train wreck happen?”