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Rhode Island bill requires insurers honor direction to pay, compensate for OEM recommendations

A Rhode Island Senate bill introduced last week would require insurance companies honor “direction to pay” agreements under the Unfair Claims Settlement Practices Act.  SB3105 was introduced by Sen. Hanna Gallo (D-27) May 29. It [...]

2024-06-06T14:28:58-04:00June 6th, 2024|RDN News Feed|

Toyota Collaborative Safety Research Center launches 15 new projects, 14 others completed

Toyota’s Collaborative Safety Research Center (CSRC) has announced 15 new projects focused on a better understanding of driver behavior, crash avoidance, and crash injury mitigation. CSRC says the goal is to help advance automotive safety [...]

2024-06-06T14:27:56-04:00June 6th, 2024|RDN News Feed|

SCRS, Decisely expand insurance portfolio with medical carrier

The Society of Collision Repair Specialists (SCRS) and Decisely Insurance Services have added a new medical carrier to its health insurance portfolio that offers $0 copay plans and expands the program to Washington state.  “This [...]

2024-06-05T14:56:17-04:00June 5th, 2024|RDN News Feed|

Court rules Repairify didn’t own patents claimed to be infringed on by Elitek

Keystone Automotive — an LKQ subsidiary doing business as Elitek — has asked for a patent infringement lawsuit filed against it by Repairify to be ruled against without a full trial. The suit alleges that [...]

2024-06-05T14:55:45-04:00June 5th, 2024|RDN News Feed|

Mitchell: EV total losses increasing similarly to new-model ICE vehicles, claims costs still outpace in comparison

Mitchell International’s latest electric vehicle (EV) trends report states that total loss frequency of the segment rose in Q1 compared to late last year as the price of used vehicles has fallen. In the U.S. [...]

2024-06-04T14:27:07-04:00June 4th, 2024|RDN News Feed|

North Carolina DOI reminds insurers of claims processing delay consequences

North Carolina Insurance Commissioner Mike Causey has issued an advisory bulletin as a reminder of a mandate to promptly handle and settle auto insurance claims. “The department is seeing an increase in consumer complaints regarding [...]

2024-06-04T14:26:05-04:00June 4th, 2024|RDN News Feed|

New Washington rule requires insurers explain rate increases to policyholders

A new rule from the Washington Office of the Insurance Commissioner will require insurance companies to let policyholders know why their premiums have increased, according to a press release.  The first phase of Insurance Commissioner [...]

2024-06-04T14:25:35-04:00June 4th, 2024|RDN News Feed|
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