Auto physical damage indicators influencing collision repair industry volume declined during the second quarter of 2019 compared to the previous year. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 months […]
NICB Details Top 5 States for Hail Claims
Texas continues in top spot for hail claims. Nearly 900,000 hail auto claims during 2016-2018. The National Insurance Crime Bureau (NICB) released the most recent three-year analysis of insurance claims associated with hail storms in the United States, and Texas and Colorado continue to remain at the top of the list. According to a review […]
Collision Claims Continued to Decline in First Quarter
Auto physical damage indicators influencing collision repair industry volume declined during the first quarter of 2019 compared to the previous year. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 months […]
Collision Claims Declined in Fourth Quarter
Auto physical damage indicators influencing the collision repair industry declined during the fourth quarter of 2018 compared to the previous year. Growth in collision insurance coverage slows. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 […]
Collision Claims Continued to Decline in Third Quarter
Auto physical damage indicators influencing the collision repair industry declined during the third quarter of 2018 compared to the previous year. Claims remain below year ago levels while losses increased. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. […]
Collision Claims Down in Second Quarter
Auto physical damage indicators influencing the collision repair industry declined during the second quarter compared to last year. Claims below year ago levels while losses up. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 months […]
Collision Claims Up in First Quarter
Auto physical damage indicators influencing the collision repair industry improved during the first quarter compared to last year. Claims and losses continue above year ago levels. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims and losses increased in the U.S. during the […]
Collision Claims Down in Fourth Quarter
Auto physical damage indicators influencing the collision repair industry declined for the second quarter in a row during the fourth quarter of 2017. Claims and losses continue above year ago levels. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims declined and losses […]
Collision Claims and Losses Down in Third Quarter Compared to Second
Auto physical damage indicators influencing the collision repair industry declined on a quarter by quarter basis for the first time in five years in the third quarter of 2017. Claims and losses continue above year ago levels. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private […]
Collision Claims, Frequency and Losses Up in Second Quarter
Auto physical damage indicators influencing the collision repair industry continued to increase in the second quarter of 2017. Losses on collision claims up nearly 10 percent compared to previous year. 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 […]