New N.Y. Data Shows Larger Auto Injury Cost Drop
NU Online News Service, Sept. 16, 11:45 a.m. EDT?The cost of the average auto injury claim under New York's no-fault insurance system fell by 20 percent between 2002 and 2003, according to the New York Alliance Against Insurance Fraud, which said anti-fraud activity was the reason.[@@]
The latest average injury claim calculation is a revision and improvement over earlier figures. Last year the NYAAIF said that from 2002 to 2003 the 12-month average injury claim cost dropped 8.7 percent, or $1,004, to $7,514.
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