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Q: insurance settlement statistics ( No Answer,   0 Comments )
Question  
Subject: insurance settlement statistics
Category: Business and Money > Finance
Asked by: kevin1917-ga
List Price: $25.00
Posted: 10 May 2003 11:52 PDT
Expires: 27 May 2003 15:07 PDT
Question ID: 202047
I need statistical information on how long property and casualty
insurers take to settle claims.  The data must be broken down my claim
type (physical damage to your auto, medical payments, PIP, bodily
injury etc.) AND by the size ($) of the claim.  I have some data on
this, but nothing that details losses paid after after the fist year. 
The data I have says 40% of PIP payments >$2,500 are paid after the
first year.  What % streach out over 2, 3, 4, or 5 years?
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