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|

‘Leaky’ shop profit? OEC manager says there are simple fixes to consider

As claim severity increases and shop backlogs decrease, collision repair facilities may be noticing a difference in profit and are looking to tighten operations to keep revenues up. That may sound daunting but it doesn’t [...]

2024-06-03T14:25:59-04:00June 3rd, 2024|RDN News Feed|

DOL alleges Hyundai supplier used child labor in Alabama facility

U.S. Department of Labor filed a complaint Thursday alleging a 13-year-old worked 50-60 hours at an Alabama assembly line owned by an auto part manufacturer, SMART, which Hyundai Motor America owned 72.45% of at the [...]

2024-06-03T14:25:29-04:00June 3rd, 2024|RDN News Feed|

State Farm asks for stay in ACV case pending outcome of allegedly similar Progressive case

State Farm has requested an indefinite stay on discovery and proceedings in a lawsuit against it regarding allegations of undervalued total loss claims and reduced payments to claimants. The request was made because of the [...]

2024-06-03T14:24:58-04:00June 3rd, 2024|RDN News Feed|
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