About newsfeed

This author has not yet filled in any details.
So far newsfeed has created 2799 blog entries.

Texas bill mandates appraisal clause, includes chance for customer, auto insurer to recoup appraiser fees

A new Texas bill would require auto insurance policies to not only carry appraisal clauses but make the process more cost-effective for consumers seeking to use RTA to remedy a short-pay. If the right-to-appraisal process [...]

2021-03-05T12:21:04-05:00March 5th, 2021|RDN News Feed|

Claims Genius newest addition to Mitchell photo estimating AI choices

Mitchell on Wednesday announced the photo estimating artificial intelligence software Claim Genius would be available to insurers through Mitchell Intelligent Open Platform. “As a leader in AI-based auto claims technologies, we are committed to streamlining [...]

2021-03-05T07:21:06-05:00March 5th, 2021|RDN News Feed|

CCC sees 50% increase, 5 million claims with deep learning AI processing

CCC on Thursday announced the number of claims handled in a manner incorporating deep machine learning grew more than 50 percent in 2020. It said more than five million claims received “a CCC deep learning [...]

2021-03-04T15:51:05-05:00March 4th, 2021|RDN News Feed|

Ill. bill requires insurers to cover OEM procedures; exempts parts, calibration tools

A new Illinois bill would forbid insurers from requesting deviations from OEM repair procedures except for parts or ADAS calibration tools. The Alliance of Automotive Service Providers of Illinois is advocating for House Bill 3133, [...]

2021-03-04T07:21:05-05:00March 4th, 2021|RDN News Feed|

Volvo going all-electric by 2030, will only sell C40, other EVs online alongside ‘Care by Volvo’

Volvo on Tuesday unveiled its first electric-exclusive model, the C40 Recharge SUV, and said it would sell no other type of powertrain by 2030. The 2030 pledge involves being truly all-electric. Volkswagen said it plans [...]

2021-03-03T20:51:04-05:00March 3rd, 2021|RDN News Feed|

Solera: Study of ‘tech-savvy’ consumers finds 76% trust AI auto claims, 73% would pick insurer with claims AI

Audatex parent company Solera last month announced a study of “tech-savvy” customers found an overwhelming proportion would trust an automated claims experience. Solera said it polled 1,500 “tech-savvy” consumers, a combined 500 bodyshops and dealerships [...]

2021-03-03T07:21:36-05:00March 3rd, 2021|RDN News Feed|

Solera says photo estimating AI available for body shops, discusses repairer, insurer views on tech

Solera on Monday announced the rollout of the artificial intelligence photo estimating system Qapter to body shops in Europe and North America. The Audatex parent company said shops could adopt the automated technology “in less [...]

2021-03-03T07:21:05-05:00March 3rd, 2021|RDN News Feed|

GEICO property damage, collision frequencies down more than 20% in 2020

Berkshire Hathaway on Saturday said GEICO’s collision claim frequencies dropped by an amount in the “twenty-three to twenty-four percent range,” with property damage claims down even more. GEICO’s plummeting frequency during the COVID-19 pandemic year [...]

2021-03-02T17:51:05-05:00March 2nd, 2021|RDN News Feed|
Go to Top