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Allstate’s Q3 revenues reach $14.5B, GEICO’s earnings also up

Allstate’s total revenues reached $14.5 billion during Q3, representing a 9.8% year-over-increase, the insurer said when announcing its financial results for the period. The company said its $1.3 billion increase could be attributed largely to [...]

2023-11-08T12:44:21-05:00November 8th, 2023|RDN News Feed|

CCC launches 2 new AI products for insurers to predict damages, total losses

CCC Intelligent Solutions has launched its next-generation AI-based photo analysis — First Look and Impact Dynamics, one of which extends into claims handling. CCC says the products work ahead of the appraisal process to help [...]

2023-11-08T12:43:49-05:00November 8th, 2023|RDN News Feed|

DCR Systems testing new line-by-line documentation repair planning software

DCR Systems is piloting a new cloud-based software with collision repair facilities and OEMs that it believes can aid in the mitigation of libelous actions by facilities through a clear, easy-to-use documentation setup. CollisionClarity can [...]

2023-11-07T12:36:02-05:00November 7th, 2023|RDN News Feed|

APCIA: ‘Strong leadership’ needed to overcome insurer challenges

When testifying during a recent U.S. House of Representatives subcommittee meeting, an American Property Casualty Insurance Association (APCIA) executive said the organization is prepared to work with federal regulators and policymakers to address rising insurance [...]

2023-11-07T12:35:31-05:00November 7th, 2023|RDN News Feed|

Annual CRASH Network ‘Insurer Report Card’ survey open to repairers

CRASH Network’s annual “Insurer Report Card” survey is now open for collision repair professionals to grade the performance of carriers in their state. “Shops interact with insurance companies every day, so they are well aware [...]

2023-11-07T12:35:00-05:00November 7th, 2023|RDN News Feed|

College says it’s first in UK to offer special repair & safety training for hydrogen-powered vehicles

A United Kingdom (U.K.) college says it is the first in England to offer hydrogen fuel cell electric vehicle (FCEV) repair training for students to meet an anticipated future skills gap. Blackburn College announced in [...]

2023-11-07T12:34:29-05:00November 7th, 2023|RDN News Feed|

Collision Engineering Program touted as ‘breath of fresh air,’ tech shortage solution for industry

Collision industry professionals agreed during a Collision Industry Conference (CIC) session focused on the Collision Engineering Program (CEP) that the apprenticeship model is the answer to complaints about a lack of technicians. “The collision engineering [...]

2023-11-07T12:33:58-05:00November 7th, 2023|RDN News Feed|

EV sales reach one-fifth of market share in California

California’s electric vehicle sales represented more than one-fifth of all passenger vehicles sold throughout the state during the first nine months of the year, data shows. The California New Car Dealer’s Association’s Q3 auto outlook [...]

2023-11-07T12:32:54-05:00November 7th, 2023|RDN News Feed|

OEM insurance execs say their products save time, improve claims process for all involved

Insurance executives with General Motors, Rivian, and Toyota shared on Thursday that the goals they have in offering insurance to their customers are not only to protect their brand and keep customers happy but also [...]

2023-11-04T15:05:03-04:00November 4th, 2023|RDN News Feed|
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