State transportation officials say an initiative to recover money to pay for damage to state property in traffic accidents has netted the agency more than $1 million.
GDOT officials say annual damages to state property — such as signs, guardrails, bridge supports and more — can add up to more than $10 million. Deputy GDOT Commissioner Todd Long said he’s pleased with collections results he’s seen through a partnership with Claims Management Resources Inc. The company negotiates with drivers and their insurance companies.
Long said the department is on track to recover between $3 and $4 million in the first year of the partnership.
Topics Carriers Personal Auto Property Georgia
Was this article valuable?
Here are more articles you may enjoy.
AIG Announces Strategic Investment Partnership of Up to $3.5B With CVC
Consumer Acceptance of Telematics Widens, Says Survey
Thumbs Down on SELF DRIVE Act as Written, Says Industry Trades
Insurance Regulators, Trades Get Behind Latest Effort to Abolish FIO 

