Third quarter Crash Course report explores trends impacting auto claims and collision repair. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today published its Crash Course Q3 2024 Report, identifying the key trends that will shape the auto claims and collision repair industry in 2025. The report examines pressing challenges such as the impact of inflation and labor […]
NABR Adds New Features to LaborRateHero
National AutoBody Research (NABR) announced the release of a new version of its LaborRateHero.com website, adding three new features to make the site easier to use and more powerful. First is the new “Market Rates at a Glance” feature. During labor rate searches of any geographic area, the Body rate for each individual shop surveyed […]
CCC 2023 Crash Course Report Shows Increasing Labor Rates, Parts Prices and Collision Repair Complexity
Report identifies macro trends, business drivers, and technologies reshaping consumer driving, vehicle ownership, automotive claims, and collision repair. CCC Intelligent Solutions Inc. announced the availability of its annual Crash Course report, which identifies trends impacting the P&C insurance economy. The report delivers insights on the convergence of economic, social, and technological shifts that are reshaping […]
Labor Rate Survey Bill Introduced in Vermont
Legislation would require the Commissioner of Financial Regulation to survey labor rates and establish a minimum rate. A bill introduced by five members of the Vermont House of Representatives February 2 proposes to establish minimum reimbursement rates for labor on automobile insurance claims. House Bill 160 (HB160), introduced by Rep. Kevin Christie, Rep. Kenneth Goslant, […]
Interview: Bill Brower, VP of Industry Relations at Solera
Brower details how inflation is impacting severity as parts and labor costs have increased. Examines how auto insurance companies and the collision repair industry globally are responding. The impact of inflation on critical cost drivers for the auto claims and collision repair industries has increased claims severity across the globe. As CollisionWeek has reported, key […]
U.S. Auto Body Repair Prices Up Over 13% in October Compared to Last Year
The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through October show the rate of growth of auto body repair prices is above the rate of general inflation for the 16th month in a row, […]
U.S. Auto Body Repair Prices Up Over 12% in September Compared to Last Year
The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. Collision repair facilities report securing labor rate increases from insurers in response to historic levels of inflation. The most recent government figures on inflation through September show the rate of growth of auto […]
September 20 California Auto Body Association Meeting to Examine Labor Rate Surveys
Event in Seal Beach will examine how surveys are conducted. The California Auto Body Association (CAA) announced its September 20 meeting will feature a presentation by Tim Ronak of AkzoNobel on Labor Rates and what you can do about them. The meeting will take place at Old Ranch Country Club in Seal Beach. Among the […]
Interview: Lucky Papageorg on Special Commission on Auto Body Labor Rates in Massachusetts Report
AASP/MA executive director details the final report mandated by the legislature examining stagnation of labor rates paid to collision repair facilities in the Commonwealth. To better understand the collision repair industry perspective on the Report of the Special Commission on Auto Body Labor Rates that was released in April, CollisionWeek spoke with Lucky Papageorg, executive […]
Collision Repair Labor Rate Rally Planned for May 18 at Massachusetts State Capitol
In response to a Massachusetts House of Representatives hearing on collision repair labor rate reimbursement, several hundred Massachusetts auto body shop owners, family members, employees, vo-tech students and supporters are expected to converge on the Capitol. In addition to community demonstration of support, a motorcade of flatbed trucks topped with damaged cars will circle the […]
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