Slideshow 24 Insurers Evaluated on Sandy Claims Performance

Published
  • January 03 2013, 4:14pm EST
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Photo credit: Fotalia

Adirondack Insurance Exchange

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Allstate Insurance Group * As of 12/20/12, Allstate had made payments on 72,415 claims, only 46,772 of which were closed.

Amtrust Financial Service Group

Andover Insurance Group

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Arch Insurance Group * All losses are commercial property, with 51 being large commercial property accounts – no personal lines/homeowners claims.

Assurant Insurance Group

Berkshire Hathaway (GEICO) *As of 12/20/12, GEICO had made payments on 28,863 claims, only 7,246 of which were closed.

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Central Services Group (aka New York Central Mutual)

Chartis/AIG * These time frames relate to personal lines (as opposed to commercial lines) policies.

Chubb & Son Inc.

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FM Global Group

Hartford Fire & Casualty Group

Liberty Mutual Group * These estimates encompass a wide array of claims and vary based on the complexity of the loss and damage severity.

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Metropolitan Group

Narragansett Bay Insurance Company

Nationwide Group

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NY Property Insurance Underwriting Association

QBE Insurance Group Ltd.

State Farm * As of 12/20/12, State Farm had made payments on 39,188 claims, only 27,364 of which were closed. ** These estimates encompass a wide array of claims and vary based on the complexity of the loss and damage severity.

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Tower Group

Travelers Group

USAA Group * The time needed to inspect, estimate, and pay any claim will vary depending on the individual circumstances of each claim.

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Utica National Insurance Group

Zurich Insurance Group