Tag Archives: Target Insurance

Target notified more than 8,000 customers – all of them owner-operators of taxis – last year that it would terminate their policy coverage and return their premium, giving them a week’s notice without recourse. Source link

Taxis are expected to increase fares soon, with Hong Kong’s leader calling a price rise necessary to address fundamental problems in the industry, especially service quality and safety.Chief Executive Carrie Lam Cheng Yuet-ngor told lawmakers at the first Legislative Council on Wednesday that the government would submit proposals to enhance …

Hong Kong’s insurance regulator has seized control of an insurer that is unable to continue its coverage of the majority of the city’s taxis, in the first enforcement of its seizure authority.All the assets and businesses of Target Insurance Company Limited were seized on Friday, in an enforcement aimed at …