Major auto physical damage indicators influencing the collision repair industry continued to increase across the board but at rates below the first quarter. Losses on collision claims up 9.6 percent for year ending in the second quarter. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private […]
Collision Claims, Frequency and Losses Grew in First Quarter
Major auto physical damage indicators influencing the collision repair industry continued to increase across the board. Losses on collision claims up 9.9 percent for year ending in first quarter. 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 […]
HLDI: Total Payouts for Vehicle Damage by Hail Top $7 billion in 2008-14
Highway Loss Data Institute analysis of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S. An updated analysis by the Highway Loss Data Institute (HLDI) of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S. […]
Collision Claims, Frequency and Losses Grew in 2015
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 […]
Collision Claims, Frequency and Losses Grow During 1st Half of 2015
Major auto physical damage indicators continue to see increases this year after strong performance in 2014. Losses on collision claims up 8.4 percent during the first half versus a year ago. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims and losses continued […]