The Car and Truck Fleet and Leasing Management Magazine

PHH Arval Recovers Over $27 Million in 2004 For Corporate Clients Through Subrogation of Vehicle Collision Claims

April 19, 2005

SPARKS, MD — PHH Arval, a subsidiary of PHH Corp., announced on April 14 that for CY 2004, the company's Vehicle Accident Services division recovered more than $27 million for its clients in collision claims.In addition, the company reported that in the month of February 2005, PHH's Subrogation team recovered over $3 million for its clients – more than $400,000 more than any previous monthly PHH record. Also, according to Arbitration Forums, Inc., a provider of intercompany arbitration services:

  • For every dollar paid to Arbitration Forums in adjudicating subrogation claims, PHH recovered nearly $61. The industry average is a recovery of $30 for every dollar paid to Arbitration Forums.
  • PHH recovered 75 percent of the total dollars sought in arbitration. The industry average is 58 percent.
  • PHH won 80 percent of cases adjudicated in 2004. The industry average is 48-52 percent.
  • Twitter Facebook Google+


    Please note that comments may be moderated. 
    Leave this field empty:

    Fleet Incentives

    Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


    Fleet Tracking And Telematics

    Todd Ewing from Fleetmatics will answer your questions and challenges

    View All


    Fleet Management And Leasing

    Merchants Experts will answer your questions and challenges

    View All


    Sponsored by

    A type of rechargeable battery commonly used in consumer electronics and vehicle applications.

    Read more

    Up Next

    More From The World's Largest Fleet Publisher