nsurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced its IAA Loss Advisor tool. The tool enables insurance claims staff to quickly generate an early total loss recommendation based on information they provide regarding the post-accident condition of the vehicle combined with the ACV (actual cash value) and IAA salvage […]
Mitchell Integrates Build Sheet Data in WorkCenter Total Loss Solution
Mitchell International released the latest version of the WorkCenter Total Loss solution that integrates vehicle build sheet data when identifying the exact trim and options on available comparable vehicles, resulting in more accurate vehicle values. “At Mitchell we’re constantly challenging ourselves to think creatively about ways to deliver greater value to our customers, and the […]
Insurance Auto Auctions Launches Total Loss Claim Self-Service Portal
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (KAR), and the leading live and live-online salvage auto auction company, announced the launch of MyVehicleClaim.com, a turnkey customer self-service tool that enhances the total loss claims experience for IAA Title Services clients. The tool allows insurance companies to provide vehicle owners with […]
NICB Processing Flood Damaged Vehicles from SC Floods
As South Carolina struggles to recover from record-breaking rainfall and flooding, the National Insurance Crime Bureau (NICB) is working with law enforcement agencies, insurance and car rental companies to identify and catalog water-damaged vehicles and keep them from being resold to unsuspecting consumers. Authorities estimate that thousands of vehicles may have been flooded. “Unfortunately, natural […]
Missouri and North Carolina Get New Salvage Laws
The legislatures of Missouri and North Carolina have both had salvage vehicles on their agenda this year, and it looks like they will both soon have new laws as a result. Introduced in April, North Carolina House Bill 1152 is aimed squarely at total loss and reconstructed vehicle disclosure. The bill proposes requirements to not […]
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