Statistics on insurers handling Sandy flood claims - Insurance News | InsuranceNewsNet

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February 14, 2013
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Statistics on insurers handling Sandy flood claims

The Associated Press
By The Associated Press
Associated Press
The 15 insurers participating in the National Flood Insurance Program that are handling at least 1,000 claims related to Sandy, the progress they have made in closing claims, and the money they have paid out to date:
Company Claims Percent Closed Total Amount Paid to Date Payout per claim
USAA General Indemnity Co. 3,261 83 $147,450,639.89$50,845.05
Allstate Insurance Co. 16,309 94 $718,237,686.22$45,973.10
Travelers Group, DBA: The Standard Fire Insurance Co. 18,215 58 $601,886,870.85$35,720.29
Fidelity National Property & Casualty Insurance Co. 7,965 60 $264,531,680.11$35,369.93
Liberty Mutual Fire Insurance Co. 3,092 64 $100,653,977.15$34,435.16
Nationwide Mutual Fire Insurance Co. 4,543 75 $131,572,802.18$32,479.09
NFIP Direct Servicing Agent 15,751 54 $478,784,987.19$31,470.03
Pilgrim Insurance Co. 1,500 74 $43,672,489.59$31,150.14
New Jersey Re-Insurance Co. 4,683 56 $137,758,504.41$31,138.90
American Bankers Insurance Co. of Florida 9,493 42 $253,410,482.37$28,773.76
Harleysville Mutual Insurance Co. 6,247 74 $151,153,089.11$28,316.43
Fidelity National Indemnity Insurance Co. 11,597 64 $285,869,767.86$26,912.99
Middlesex Mutual Assurance Co. 1,233 73 $26,561,835.18$23,865.08
Selective Insurance Co. of America 18,599 39 $415,170,606.34$23,682.08
Hartford Fire Insurance Co. 10,693 56 $229,838,664.05$23,587.71
(asterisk) Total amount distributed to date, including partial payments, divided by the number of non-dismissed claims.
Source: Federal Emergency Management Agency
Copyright:  (c) 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Wordcount:  201

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