Auto physical damage insurers posted their best year in a decade after three straight years of losses, with only one state in the red. Private passenger auto physical damage insurance returned to profitability in every state but one in 2024, according to the latest data from the National Association of Insurance Commissioners (NAIC), capping a […]
Collision Repair Industry Production Up Slightly in June
June production edged above May as both hours worked and employment increased, but remained below year-ago levels. Wages set records for production employees and for all employees. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary June collision repair employment, hours worked and […]
U.S. Traffic Volume Down in May Compared to 2025
First year-over-year monthly decline since February 2025 as pump prices reached their highest monthly average since July 2022. Traffic volume in May was down in the U.S. overall, the first year-over-year decline in monthly travel since February 2025, as gasoline prices continued to climb amid the war with Iran. Travel for the month of May […]
Collision Coverage Losses Rose in First Quarter of 2026 for the First Time in Over Two Years
Increase in paid claim cost more than offset the continued drop in claim counts, which slowed to the smallest year-over-year decline in two years. Quarterly collision claim counts have been down versus the previous year for twelve consecutive quarters. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed […]
Fourth Quarter 2025 Collision Repair Average Weekly Wages Up 3.2% Compared to 2024
Employment declined and the number of independent collision repair centers was essentially flat in the fourth quarter last year compared to 2024. An analysis of U.S. auto body repair facilities, employment and wages by state shows that employment was down in the fourth quarter of 2025 compared to the previous year but average weekly wages […]
Collision Repair Industry Production Up in May
May production rose above April on an increase in hours worked but remained down from a year ago. Weekly wages for production employees reached a new record while wages for all employees slipped from April’s record levels. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) […]
U.S. Traffic Volume Up in April Compared to 2025
Drivers logged more miles year-over-year even as pump prices surged on the war with Iran. Rolling 12-month traffic at record levels. Traffic volume in April was up in the U.S. overall, with drivers logging more miles than a year earlier even as gasoline prices climbed sharply in March and April amid the war with Iran. […]
Collision Repair Industry Production Down in April
Production was down in April both month over month and year over year. Wages for all employees reached new records as production hourly wage growth accelerated to 12.5% from a year earlier. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary April collision […]
Collision Repair Industry Production Up Slightly in March
March production edged above February as production employment increased while hours worked were unchanged. Wages growth rates moderating but remain above average. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary March collision repair employment, hours worked and wages indicated production was up […]
Collision Coverage Claims Were Down Over 11% in Fourth Quarter of 2025 Compared to the Previous Year
While the rate of decline ticked up slightly from the third quarter, it remained better than the first and second quarter results. Quarterly collision claim counts have been down versus the previous year for eleven consecutive quarters. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the […]
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