Voluntary policies increased by over 1 million last year. Claims frequency declined, but severity increased. Berkshire Hathaway reported its 2019 earnings on February 22, including details of its GEICO Insurance operations. GEICO’s premiums written and earned in 2019 increased 5.5% and 6.6%, respectively, compared to 2018. According to the company’s annual report, these increases were […]
OEM Collision Repair Procedures Legislation Introduced in Illinois
Bill would require insurers to base claim payments on, and collision repairers to use, vehicle manufacturer compliant repair procedures. Excludes OEM parts mandates, but requires use of like, kind and quality. Legislation introduced February 13 in Illinois, the fourth largest collision repair market in the U.S., seeks to require both auto insurance companies and collision […]
GEICO Files Federal RICO Lawsuit in California Alleging Glass Shop Fraudulently Inflated Claims
Insurer seeks to recover over $150,000 in alleged fraudulent billing and declaration it doesn’t owe over $50,000 in outstanding claims. Following similar lawsuits in Arizona and Florida, GEICO has filed a federal lawsuit in California alleging an auto glass repair facility submitted fraudulent glass repair bills. GEICO seeks to recover damages alleging violations of the […]
OEM Collision Repair Procedures Bill Passes Committee Vote in Washington State
Legislation would require insurers pay for reasonable repair costs including vehicle manufacturer repair procedures. Proposed legislation in Washington State would require changes to auto insurers’ policy language, require insurers to pay for reasonable and necessary costs for repair including OEM procedures, and place the burden of proof that repair procedures are not necessary on the […]
Maryland Bill Would Provide an Insured Option of Requiring OEM, Certified or Non-Certified Collision Repair Parts
Legislation defines parts types and requires written consent indicating parts choice. Legislation introduced in the Maryland House of Representatives on February 7 seeks to add a section to the Maryland Statutes that define the different types of crash parts used to repair a vehicle and requires written consent from the insured to the use of […]
Kansas Legislation Seeks to Remove Airbag Replacement Costs from Total Loss and Title Branding Calculation
A bill supported by the Kansas Auto Body Association seeks to add airbags to parts excluded from total loss and title branding threshold. Legislation introduced in Kansas seeks to limit the impact the increase in the number of airbags installed by vehicle manufacturers in late model vehicles has on the total loss and title branding […]
Supporters and Opponents of Massachusetts Right to Repair Legislation Detail Viewpoints at Hearing
Industry members detail concerns over future access to vehicle diagnostics and programming for legislators. Vehicle manufacturers outline opposition. The Massachusetts Legislature’s Joint Committee on Consumer Protection and Professional Licensure held a hearing on Monday, January 13 on proposed legislation to update automotive right to repair laws to take into account new technologies such as telematics. […]
Interview: Ramon Suarez, Solera Audatex
In our video interview, Suarez, regional managing director for Solera Audatex, details how the company is integrating the capabilities from different global Solera companies into the products and services collision repair shops and insurers use every day. The role technology plays in our lives continues to expand. For collision repair facility operators and auto insurance […]
New Jersey Legislation Providing Right to Sue Insurers for Unfair Claims Handling Practices Scheduled for Hearing
Bill would provide claimants with ability to file civil suits for violations of state fair claims practices regulations and treble damages. Legislation providing for the right to file civil lawsuits for violations of regulations that define unfair and deceptive insurance practices is scheduled for a hearing in the New Jersey Assembly Financial Institutions and Insurance […]
Appeals Court Affirms Dismissal of Collision Repair Shop Racketeering Lawsuit Against Insurance Industry
The Appeals Court for the Eleventh Circuit finds lower court dismissal of 2014 class action lawsuit alleging insurers use DRP programs to illegally control non-DRP facilities’ rates was valid. An appeal by the collision repair shop plaintiffs’ appeal to overturn the dismissal of a Federal lawsuit against auto insurance companies failed in late December to […]
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