There's little doubt that much of the growth some collision repair businesses have experienced over the past decade has been fueled by insurer direct repair programs (DRPs). After all, the percentage of insurance-paid work handled through DRPs quadrupled - to more than 30 percent - between 1996 and 2002. Most major insurers are already well over that 30 percent mark - with some at 70 percent or more.
A special online database consisting of motor vehicles and boats affected by Hurricanes Katrina and Rita is available for the public to search in an effort to protect consumers from fraudulent sellers, announced Robert M. Bryant, president and CEO of the National Insurance Crime Bureau (NICB).
A committee of the Collision Industry Conference (CIC) is taking a different approach to the long-standing battle between shops and insurers over "featheredge, prime and block" by defining where body work ends and paint work begins.
For the first time, the Insurance Institute for Highway Safety has tested the smallest vehicles sold in the US market, which gain popularity as fuel prices rise. Now these cars are rated for comparison of occupant protection in front, side, and rear crashes. The Nissan Versa earns good ratings in all three tests. Two other cars earn good ratings in front and side but not rear tests.
Crash test results indicate which vehicles in each weight category afford the best protection in real-world crashes, and this round of tests reveals big differences among the smallest cars. But results of real crashes show that any car that’s very small and light isn’t the best choice in terms of safety. Driver death rates in minicars are higher than in any other vehicle category. They’re more than double the death rates in mid-size and large cars.
CCC Information Services Group Inc. (Nasdaq: CCCG), a leading supplier of advanced software, communications systems, Internet and wireless-enabled technology solutions to the automotive claims and collision repair industries, has signed a definitive agreement to be acquired by an affiliate of Investcorp, the global investment group.
Acting on complaints from the California Autobody Association (CAA) regarding the need for explicit specifications for determining autobody labor rates, the California Department of Insurance (DOI) has become the first in the country to propose regulating how insurance companies conduct surverys to determine the prevailing labor rate.
Neither side in the case of Avery vs. State Farm is willing to cry uncle.