I am privileged once again to report upon the State of New York Department of Financial Services' most recently published “Auto Insurance Complaint Ranking.” The 2015 Ranking, based upon data for the calendar year 2014, is the first such list to be released by the Department since 2013 (the 2012 “Annual Ranking of Automobile Insurance Complaints, based upon data for the calendar years 2010-2011. See Dachs, N. and Dachs, J., “The Insurance 'Top 68' and SUM Legislation Update,” N.Y.L.J., May 14, 2013, p. 3, vol. 1).

Copies of the Department annual rankings may be obtained free of charge by calling the department's toll-free telephone number: (800) 342-3736. In addition, the annual rankings are accessible on the department's website. Complaints against insurance companies may be filed on-line at http://www.dfs.ny.gov.

2015 Ranking

The 2015 “Annual Ranking of Automobile Insurance Complaints,” which, as noted, is based upon data for the calendar year 2014, ranks all 169 automobile insurance companies doing business in New York state. As in the past, this report ranks the individual companies themselves, rather than just the corporate groups of which those companies may be members. This method of listing is intended to give consumers a more accurate picture of their insurer's performance. As in the past, insurers are ranked based upon a complaint ratio, which is determined by the number of private passenger automobile insurance complaints upheld against them and closed by the Department of Financial Services in 2014, as a percentage of their total private passenger automobile premium volume in New York state.

In 2014, the Department's Consumer Assistance Unit received a total of 3,872 private passenger auto insurance complaints (down from 4,780 in 2011), of which 444 (down from 484 in 2011) were upheld. Neither commercial auto complaints nor complaints made directly to the insurer are included in determining the complaint ratios. Complaints not upheld by the department, or withdrawn by the consumer, are also not included in the calculations of the ratios. An upheld complaint occurs when the department agrees with a consumer that an auto insurer made an inappropriate decision. Typical complaints are those involving such issues as delays in the payment of no-fault claims, and nonrenewal of policies. Complaints about the value of monetary settlements and policy terminations are also common.