claims volume News

Auto Claims Decline 40 to 50% as Consumers Stay Home, Snapsheet Says

Insurers are reporting a 40 to 50 percent drop in claims volume for personal auto and a 30 to 40 percent reduction for commercial auto due to the coronavirus pandemic, an executive for claims-automation provider Snapsheet said Tuesday. Chief Operating …

New York Insurance Association Confirms Swift Insurer Response to Sandy Claims

Governor Cuomo announced several regulatory changes today that the New York Insurance Association (NYIA) views as unnecessary. “We agree with the Governor that those affected by Sandy need to have their claims addressed in a timely manner,” Ellen Melchionni, president …