Average auto injury claim costs in New York fell again in 2004 for the third year in a row, the New York Alliance Against Insurance Fraud (NYAAIF) reported today, citing anti-fraud action as the reason.
NYAAIF said an analysis by the Insurance Information Institute (I.I.I.) has found that:
oThe cost of no-fault personal auto accident injury (PIP) claims is down 32 percent since 2000. Last year, NYAAIF said the decrease since 2000 was 20 percent.
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