Posts Tagged ‘APD claims’

CCC Trends with Susanna Gotsch – Claims Frequency Down Yet Repair Costs and Time Remain Up in Q2 2020

CCC Corporate / CCC Trends, Industry News, Uncategorized /

With numerous public insurers reporting Q2 2020 and first half CY 2020 results, a common theme has emerged. Collision and property damage liability claim frequencies for Q2 2020 were reported down between 20 – 40 percent, while claim severities were reported up between 10 – 20 percent. In this month’s edition of CCC Trends, analyst […]

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CCC Trends with Susanna Gotsch – Increase Risk of an Open Road

CCC Corporate / CCC Trends /

  COVID-19 is dramatically changing driving behavior nationwide. While claims and miles driven are decreasing, one thing has increased – drivers’ appetite for risk. The reduction in U.S. daily trips taken and miles driven resulted in 65 percent less miles traveled in April 2020 versus January 2020. Speeding during COVID-19 increased by 27 percent. In […]

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Telematics in Claims – Discover the Possibilities

CCC Corporate / Insurance, Perspectives /

The use of telematics data in claims likely holds tremendous value for your organization. In fact, driving data can transform claims. The challenge is how to operationalize the transformational power of telematics data in ways that are actionable and minimally disruptive to existing workflows. This infographic illustrates critical steps in the APD and Casualty claims […]

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