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PHH Arval Reports Recovery of over $23 Million in Vehicle Collision Claims

May 17, 2004

SPARKS, MD – PHH Arval’s Vehicle Accident Services division recovered more than $23 million for its clients in collision claims in 2003. In addition, the company reported that in March 2004, PHH’s subrogation team recovered more than $2.68 million for clients – over half a million dollars more than any previous monthly record. The company recovered $2.36 million for clients in April. PHH offers a comprehensive program to help companies manage driver safety and vehicle accidents. When a fleet driver is in an accident and another party is at fault, PHH’s subrogation team pursues cost recovery for that client.
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