Determinants of Claims Recovery Among Writers of Auto Physical Damage Coverage: Empirical Evidence

L. Lee Colquitt and Randy E. Dumm

Journal of Insurance Issues, 2000, vol. 23, issue 1, 77-91

Abstract: In an increasingly competitive environment, the successful auto insurer is one that manages its cost in an efficient manner. While the auto insurance claims area does not generate revenue for the firm, it is one that provides the opportunity for cost reductions through its recovery efforts. We examine claims recoveries and identify the determinants associated with higher relative recovery levels. With regression analysis, we find that the more aggressive recovery efforts are exhibited by larger firms, stock insurers, non-affiliated auto insurers, firms that devote greater resources to claims recovery efforts, and firms that have a greater average claim size.

Date: 2000
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.insuranceissues.org/PDFs/231CD.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wri:journl:v:23:y:2000:i:1:p:77-91

Access Statistics for this article

Journal of Insurance Issues is currently edited by James Barrese

More articles in Journal of Insurance Issues from Western Risk and Insurance Association
Bibliographic data for series maintained by James Barrese ().