Automotive refinish coatings declined on strong prior year comparison but the company said U.S. distributor destocking is finished and refinish volumes projected to return to growth in the third quarter. PPG (NYSE: PPG) reported second quarter 2026 net sales of $4.5 billion, up 7% year over year, and said automotive refinish coatings organic sales fell […]
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 […]
Manitoba Public Insurance Expects Record Claims, Phased Repair Response After Severe Storm
Manitoba Public Insurance has received about 20,000 claims since a severe storm swept the Canadian province June 9, a total the public auto insurer expects to become the most it has ever recorded from a single event. The Crown corporation said the count is on pace to surpass its previous single-event record of about 24,000 […]
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 […]
Report Finds Personal Auto Claims Fell 3% in 2025
Verisk reports say gig-economy commercial auto risk and targeted auto theft reshaping loss patterns Personal auto claims volume declined nearly 3% in 2025, extending a two-year slide, according to Verisk’s annual insurance claims trends report released April 14. The drop follows a roughly 5% decrease in 2024. The Verisk data surfaces two trends beyond the […]
Collision Coverage Claims Were Down Over 10% in Third Quarter of 2025 Compared to the Previous Year
While down, the rate of decline was lower than both the first and second quarter. Quarterly collision claim counts have been down versus the previous year for ten consecutive quarters. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the year-over-year rate of decline in quarterly collision […]
Collision Coverage Claims Were Down Over 11% in Second Quarter Compared to 2024
While down, the rate of decline was lower than in the first quarter. Quarterly collision claim counts have been down versus the previous year for nine quarters. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the year-over-year rate of decline in quarterly collision coverage claims slowed […]
Collision Claims and Losses Continued Down Trend in First Quarter Compared to Last Year
Quarterly collision claims counts have been down versus the previous year for two years. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the decline in collision claims continued as claims on a quarterly basis were down for the eighth consecutive quarter compared to the previous year. […]
Collision Claims and Losses Continued Down Trend in Fourth Quarter of 2024 Compared to Previous Year
Quarterly collision claim counts were down for the seventh quarter in a row compared to the previous year. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the decline in collision claims continued as claims on a quarterly basis were down for the seventh consecutive quarter compared […]
Collision Claims and Losses Continued Down Trend in Third Quarter Compared to 2023
Quarterly collision claim counts were down for the sixth quarter in a row compared to the previous year. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the decline in collision claims continued as claims on a quarterly basis were down for the sixth consecutive quarter compared […]
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