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

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.