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Insurers overstated projected losses during California rate hike request, nonprofit says

A Consumer Watchdog analysis found auto and home insurance companies overstated projected losses and inflation trends by millions of dollars when asking the California Insurance commissioner for double-digit rate increases late last year. The nonprofit [...]

2024-01-17T13:32:56-05:00January 17th, 2024|RDN News Feed|

Repairify Institute now open in Texas, first class focuses on ADAS calibration

Repairify Institute’s first Center of Excellence is now open in Dallas-Forth Worth. Training and Organizational Development Vice President Chris Chesney made the announcement Jan. 11 on LinkedIn. He cited the center as an avenue “to [...]

2024-01-16T13:39:42-05:00January 16th, 2024|RDN News Feed|

Car rental industry prepares for EV future as Hertz scales back EV fleet

As the American Car Rental Association (ACRA) gears up lobbying around the likelihood of electric vehicles (EV) becoming more prominent in the industry, Hertz dumped about 20,000 EVs from its fleet last week, spurring political [...]

2024-01-16T13:39:11-05:00January 16th, 2024|RDN News Feed|

Trends reports say UBI, AI & telematics here to stay, industries still learning pros & cons

An insurance intelligence trends report from J.D. Power, released in mid-December, called 2023 “the year of disruption” for the insurance industry from surging rates to underwriting automation, carrier selection, and the channels through which customers [...]

2024-01-16T13:38:40-05:00January 16th, 2024|RDN News Feed|

Future state: In-cabin tech to learn driver behavior, enhance experiences

Vehicles of the future could use artificial intelligence (AI) to cultivate experiences beyond driving, such as activating a coffee maker at home when cameras notice the driver yawning. Honda, Bosch and HCMF Group separately revealed [...]

2024-01-16T13:38:09-05:00January 16th, 2024|RDN News Feed|

Experts expect inflation to drop, insurance rates to soar this year

Experts expect U.S. inflation to lower this year with some goods prices, such as car prices, dropping but a study shows car insurance rates will move in the opposite direction. Inflation fell in recent months [...]

2024-01-15T13:25:35-05:00January 15th, 2024|RDN News Feed|

BMW to launch new online restricted parts ordering platform

Beginning Jan. 22, BMW will offer an online restricted parts ordering platform for all collision repair shops. BMW Certified Collision Repair Center (CCRC) National Manager  Jonathan Inzano and DEKRA Collision Operations Manager Nicholas Saltamanikas held [...]

2024-01-15T13:25:04-05:00January 15th, 2024|RDN News Feed|

2024: Higher total loss thresholds, more parts repairability

The latest P&C industry trends report from Enlyte — the parent company of Mitchell International, Genex, and Coventry — highlights key issues collision repairers and insurers will likely face this year, including higher total loss [...]

2024-01-15T13:24:33-05:00January 15th, 2024|RDN News Feed|

GM remanufactures select model headlamps, customers reap repair savings

General Motors says it has found great success in remanufacturing collision-damaged headlamps as part of its efforts to implement sustainable practices and a circular economy model in which old materials find new life through remanufacturing, [...]

2024-01-13T00:10:01-05:00January 13th, 2024|RDN News Feed|
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