Auto Claims Count Data Reflects Slow Growth

Susanna Gotsch / Insurance, Telematics /

Private passenger auto insurance had been experiencing a steady rate of declining claim frequency over the last two decades with a variety of factors having been identified as contributors to the trend, including an aging population, fewer miles driven, graduated licensing for teenagers, higher deductibles and more vehicles than drivers. Several additional factors came into […]

Continue Reading →

Industry Trends with Susanna Gotsch – July 2018

Susanna Gotsch / Crash Course, Trends /

Repair cycle time and length of rental have seen steady increases over the last several years. Within the industry the primary explanation used to explain these increases is growth in vehicle and repair complexity; which preliminary comparison of vehicle repair cost to cycle time would seem to bear out. To check out the rest of […]

Continue Reading →

Mazda North American Operations and CCC are Working Together to Address Vehicle Safety

Michelle Hellyar / Collision Repair, Company News /

The automaker is sharing open recall data with CCC, reaching thousands of collision repair centers with an automatic alert as they write estimates for affected vehicles CHICAGO, June 13, 2018 –CCC Information Services Inc. (CCC) announced today that it is working with Mazda North American Operations (MNAO) to address vehicle safety, creating a new method […]

Continue Reading →

Industry Trends with Susanna Gotsch – June 2018

Susanna Gotsch / Crash Course, Trends /

Vehicles per household in the U.S. have returned to pre-recession levels, and numerous other factors such as strong employment, more miles driven, population growth, etc. continue to drive up the number of vehicles involved in accidents annually in the U.S. Estimates from the National Safety Council and CCC suggest that we are nearing about 24 […]

Continue Reading →

A Data Explosion on the Open Road

Jason Verlen / Insurance, Telematics /

A growing telematics market means that insurance carriers are drowning in data. We could build an ark and hope to ride it out. But wouldn’t it be better if we could monetize this flood? Insurance carriers wouldn’t be blamed for thinking that they’llsoon be less in the business of insurance and more in the business of […]

Continue Reading →

CCC Introduces AI Damage Detection for All Major U.S. Vehicle Types

Michelle Hellyar / Company News /

CCC Introduces AI Damage Detection for All Major U.S. Vehicle Types Computer vision and exclusive heat maps bring precision to damage detection Chicago, IL, April 25, 2018 – CCC Information Services Inc. (CCC) announced today the availability of AI-powered capabilities that use computer vision technology to automatically detect vehicle damage and visually depict that damage […]

Continue Reading →

Industry Trends with Susanna Gotsch – April 2018

Susanna Gotsch / Crash Course, Trends /

According to the National Highway Traffic Safety Administration, over 37,000 lives were lost in the U.S. in 2016 from motor vehicle fatalities, an increase of 5.6 percent from the prior year. The largest increases occurred among pedestrians and cyclists (see Figure 1). Pedestrian fatalities grew from 11 percent of all traffic deaths in 2006 and […]

Continue Reading →

Industry Trends with Susanna Gotsch – March 2018

Susanna Gotsch / Crash Course, Trends /

Over the last several decades, automakers and safety groups changed vehicle design to improve the overall crashworthiness of vehicles. These updated vehicles do a better job of protecting vehicle occupants from injury and fatality, and have lower repair costs from redesign of vehicle components such as bumpers. More recently, technology designed to avoid a crash […]

Continue Reading →

CCC Open Shop Surpasses 500,000 Assignments on an Annualized Basis

Michelle Hellyar / Collision Repair, Company News /

CCC® Open Shop Surpasses 500,000 Assignments on an Annualized Basis The electronic method of communication between non-DRP repair shops and auto insurers delivers results, efficiency CCC Information Services Inc. (CCC) announced today that its CCC® Open Shop solution (Open Shop) is now facilitating more than 500,000 assignments on an annualized basis. Open Shop is the […]

Continue Reading →

CCC Publishes 2018 Crash Course Report

Chad Parker / Company News, Crash Course, Industry News /

Putting the AI in the Automotive Industry Huge investments and bets are being made by automakers, tech companies, insurers and collision repairers, as companies position themselves to benefit from new technologies; technology that not only changes the types of vehicles consumers buy in the future, but how and when they buy, how they insure, and how they repair in […]

Continue Reading →