Florida Insurance Lawyer Patrick J. Tighe Applauds New Yorks Publication of Insurance Complaint Rankings, Urges Florida to Do the Same
Thursday, December 22nd, 2011West Palm Beach, FL (Nasdaq) 22 Latest in December 2011 New York’s ranking of automobile insurance – To determine how many complaints had been filed against them and how much benefit was the consumer clarify – is not only a laudable effort but one that is copied by all other states should be, says Florida Insurance Lawyer Patrick J. Tighe of X1LAW.com.
The New York
Report – 2011 Annual Ranking of Automobile Insurance Complaints – due in December that the Department of State publishes Financial Services. It has 179 car insurance companies operating in New York, so everyone has a complaint ratio – the number of complaints as a percentage of the insurer supports a total in-state passenger auto insurance. Insurers with the fewest complaints per million dollars in support prices listed first. Those with the highest complaint ratios in the bottom slot.
results show that the largest insurer in New York plenty of room for improvement, as they serve customers. The largest automobile insurer in the state, GEICO General Insurance Company confirmed (average of 1.28 billion dollars in New York, the premiums for 2009 and 2010) at number 66, with 20 of 238 complaints to the Department of Financial Services. The second-largest auto insurer Allstate Insurance Company (nearly $ 1.2 billion in premiums), fared even worse, at 130th, with 170 of 1,350 confirmed complaints. Another well-known insurance companies get a mediocre result of State Farm Fire and Casualty Company, ranking was 68th.
and perhaps future – -
exactly the kind of detailed, must see irrefutable information to the consumer in order before it is put their money behind a car insurance company, says Tighe, who helped Florida residents insurance litigation and other claims in more than one decade. New York has always been the most active and consumer-friendly of supervisors for the insurance industry and his time, Florida and other states to follow his example. Rental consumers see which car insurance is always the most complaints, and confirmed with the most complaints against them is to put important step for consumers, insurance companies, get to really protect and avoid those who may not.
All States says Tighe, a department or agency that regulates insurance companies, but most are relatively quiet, rarely, if ever, releasing detailed information on car insurance complaints, issues such as delays in payment of no- errors are owned or Personal Injury Protection (PIP) insurance claims or failure to renew the policy.
New York is the exception to the rule, says veteran criminal defense attorney. They are consumer-oriented, and they do it properly. The report gives you numbers that you can trust. An insurance department in the country must achieve the same.
location at the top of the list was the New York Erie Insurance Company, supported with 0 complaints and wrote $ 64 million in average annual premiums directly to the state. The full report is available online at http://www.dfs.ny.gov/insurance/auto/rank/auto2011.pdf.
insurance companies sell policies to consumers to keep their customers money, and will use these funds to pay claims, says Tighe. They are the guardians and custodians of our money, why they are regulated. But this rule has some bite, and regulators must be transparent. Because it is that transparency, insurance holding company is honest – and keep consumers protected
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About
X1Law p.a.
For more than a decade, the Florida personal injury and insurance lawyer Patrick J. Tighe to protect consumer rights, and those who have suffered serious injuries in car accidents, motorcycle accidents and other life changing events. During this time he has represented – and get through to – Thousands of people in insurance cases that wrongly denied, delayed or underestimated. At the beginning of his career spent Tighe nearly ten years working on the other hand, defends insurance companies in personal injury lawsuits. This experience gave him a valuable insight into how big insurers approach and handle insurance claim cases – insight that leveraged each day to produce results, and justice for clients
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CONTACT:
Patrick J. Tighe
X1LAW, per annum
(561) 537 5059
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