Kia’s ‘defective’ windshields are subject of class action lawsuit

A group of Kia owners is launching a class action lawsuit against the automaker, claiming a windshield defect poses an “extreme safety hazard” for drivers, passengers, and pedestrians. The consolidated class action complaint is demanding [...]

2023-05-19T13:36:29-04:00May 19th, 2023|RDN News Feed|

AUS: Repair parts and labor shortages felt globally by collision industry

A parts and labor shortage creating months-long repair backlogs throughout the U.S. and Canada are being mirrored in Australia as well. A local news station reported this month that an “Australia-wide phenomenon” was contributing to [...]

2023-05-19T13:35:58-04:00May 19th, 2023|RDN News Feed|

ARC Automotive pushes back against NHTSA, GM initiates air bag recall

General Motors (GM) has recalled nearly 995,000 vehicles over defective air bag inflators while the National Highway Traffic Safety Administration (NHTSA) is demanding the manufacturer, ARC Automotive, recall 67 million inflators. The recall population includes [...]

2023-05-16T13:35:36-04:00May 16th, 2023|RDN News Feed|

LexisNexis report: Total loss claims, damage severity rose in 2022

Total loss ratios worsened during the first nine months of 2022, with 27% of collision claims deemed total losses, LexisNexis said in its newly-released auto insurance trends report. The white paper also found that bodily injury [...]

2023-05-16T13:35:05-04:00May 16th, 2023|RDN News Feed|

Progressive plans ‘aggressive’ rate increases, reports 10% loss severity increase

In its Q1 2023 report to shareholders, Progressive said it won’t slow down on personal auto insurance rate increases any time soon following a 4% companywide increase during the quarter. “Considering our first quarter profitability [...]

2023-05-16T13:34:03-04:00May 16th, 2023|RDN News Feed|

CCC, Verisk partner to mitigate APD, AI claim fraud

CCC Intelligent Solutions and Verisk Analytics have announced a partnership to mitigate auto physical damage (APD) claims fraud, specifically those possible through artificial intelligence (AI) applications. CCC, as a leading P&C insurance cloud platform along [...]

2023-05-12T13:39:14-04:00May 12th, 2023|RDN News Feed|

Report: collision repair industry is attracting more private investments

Private equity (PE) firms are becoming more sophisticated with their investments in the collision repair space, leading to greater growth and prompting more investors to enter the space, according to a new report by Focus [...]

2023-05-12T13:38:43-04:00May 12th, 2023|RDN News Feed|

SEMA registration open, 2022 RDE educations sessions videos now online

Registration for this year’s SEMA Show is now open with discounted registration and Repairer Driven Education (RDE) sessions are increased to full price available through Sept. 28. The show features thousands of exhibitors and brands, [...]

2023-05-11T13:47:04-04:00May 11th, 2023|RDN News Feed|
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