Hertz expects to recover part of $168mn vehicle claims settlement from insurers
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Hertz expects to recover part of $168mn vehicle claims settlement from insurers

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Hertz Global Holdings expects to recover part of a ~$168mn settlement related to vehicle theft reporting from its insurance carriers.

The company announced it settled 364 claims, thus resolving over 95% of its pending theft reporting claims.

In a statement, the firm said it believes it will recover “a meaningful portion” of the settlement from its insurers but didn’t disclose...

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