Major auto physical damage indicators continued to increase. Losses on collision claims up 10.1 percent in 2015 compared to 2014.
According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims and losses continued to grow in 2015. The number of collision claims has grown in every quarter since 2013 compared to the same quarter in the previous year.
Data through the end of 2015 shows that collision claims frequency has increased to 5.96 claims per 100 earned car years up 7.8 percent compared to the most recent low of