Maine voters may get to cast ballot on ‘right to repair,’ coalition behind it says the issue is telematics access

Maine’s Secretary of State Shenna Bellows has approved the Maine Right to Repair Coalition’s petition to be a referendum on November’s ballot. The Associated Press reports that Bellows said Tuesday 74,686 signatures were validated for [...]

2023-02-26T12:37:14-05:00February 26th, 2023|RDN News Feed|

Copart co-CEO says total losses now going back up compared to decrease in Q4 2022

Copart co-CEO Jeff Liaw said on Tuesday the company, during fiscal year Q2 2023 ending Jan. 31, changed its business practices to help insurers navigate a changed market. The changes were necessary “due to remote [...]

2023-02-22T14:04:11-05:00February 22nd, 2023|RDN News Feed|

Claims cost mitigation and ‘cheap solutions’ contributing to crash-detection fix challenges, diagnostics companies say

A recent Insurance Institute for Highway Safety (IIHS) study that found crash-detection features complicate repairs, but failed to take into account insurer pushback and failure to prioritize adherence to OEM procedures as a contributing factor, [...]

2023-02-22T14:03:40-05:00February 22nd, 2023|RDN News Feed|

4 largest U.S. auto insurers graded C- or lower by more than 1K body shops

Among more than 87 auto insurance companies graded by collision repairers in terms of how well they work to ensure quality repairs and customer service, 29 received a B or higher to earn a spot [...]

2023-02-22T14:02:38-05:00February 22nd, 2023|RDN News Feed|

CCC: AI claims processing up 60%, how that benefits claim cycle times

CCC Intelligent Solutions has announced an update to its insurer artificial intelligence (AI) adoption report, which for the third year shows significant growth in the adoption of AI in auto claims. The company views AI [...]

2023-02-21T12:38:14-05:00February 21st, 2023|RDN News Feed|

P&C Reports: Consumers ‘want more from carriers,’ biz insurance should offer risk mitigation rather than claims coverage only

Through recent research, global consultancy firm Bain & Co. says P&C insurance segment consumers want more from their carriers. After experiencing “years of turbulence” from extreme weather to the COVID-19 pandemic, Bain says consumers don’t [...]

2023-02-21T12:37:12-05:00February 21st, 2023|RDN News Feed|

Hyundai exec: OEM is ‘very close’ to next-level automation capabilities

Hyundai is getting closer to developing Level 3 autonomous driving technology, an executive said at a recent industry event, signally the automaker plans to join other OEMs in further advancing self-driving features. “We’re very close, [...]

2023-02-21T12:36:09-05:00February 21st, 2023|RDN News Feed|
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