New York Auto Insurers Deny Nearly Half of Liability Claims, Report Finds
A new report by Weiss Ratings reveals that New York auto insurance companies denied nearly half of all liability claims in 2025 without any payout, despite record profits from premium investments. The denial rate has increased by 44% since 2005, raising concerns about consumer protection and regulatory oversight.
Topics: Consumer Rights Insurance Claims Insurance Regulation Premiums Weiss Ratings