Total Loss Consulting Launches Nationwide
TLC’s goal is to help consumers receive the correct value for their totaled vehicle.
Total Losses and Short Pays: Tonight’s Collision Cocktail Hour
The next Collision Cocktail Hour, an after-hours Zoom call on collision industry issues, will be held March 20, 2024 at 8 p.m. EST.
Mitchell Reports Lower Total Loss Rate for Electric Vehicles
Recent claims data debunks perception that EVs are more often declared a total loss following a collision than their ICE counterparts.
LexisNexis Enhances VINsights Total Loss Solution
VINsights will now deliver integrated title, registered owner, loan payoff and state taxes and fees data to help U.S. insurance carriers expedite the total loss process.
Mitchell Accelerates Total Loss Settlements for Auto Insurers
Mitchell announced that its advanced vehicle valuation solution now delivers full lender coverage and automated tax and fee calculations for total loss claims.
Vehicle Total Loss Settlement Practices: From Bad to Worse
One prime example of a bad situation that has gotten worse as far as containing claims costs is total loss settlement practices.
Survey: More Body Shops Being Paid for Total Loss Admin Fees
In 2021, a strong majority of shops (72%) said they are paid always, or most of the time, when they bill for this work.
IAA Partners with NASCAR on Total Loss Vehicle Storage
IAA and NASCAR have announced an agreement that will enable IAA to leverage NASCAR facilities for total loss vehicle storage after a catastrophe.
Growing Percentage of Body Shops Billing and Being Paid for Processing Total Losses
An increasing number of shops over the past several years have begun charging and being paid for the administrative tasks involved in processing total losses, according to the findings of a recent “Who Pays for What?” survey.
Can Insurers Combine Two Open Claims and State the Vehicle is a Total Loss?
In the state of New York, if a vehicle has two open claims, can an insurer combine both claims and state that the vehicle is a total loss?
