Chubb Insurance Says It Will Pay for Pre- and Post-Repair Scans
Insurer communicates to collision repairers that they are going to allow for and pay for pre- and post-repair scans on all “modern” vehicles 1990 and newer.
Illinois Names New Insurance Department Director
Jennifer Hammer most recently served as deputy chief of staff for policy in the Illinois Office of the Governor, overseeing policymaking decisions and analyzing and advising the governor on proposed policy, legislation, and rules and regulations.
State Farm, Allstate Blame Smart Cars for Insurance Rate Increases
“Cars are just getting more expensive to repair, due to the technology,” State Farm spokeswoman Missy Dundov told the Chicago Tribune.
Rising Auto Claims Costs Putting Upward Pressure on Price of Insurance
A white paper from the Insurance Information Institute notes that, between the first quarters of 2014 and 2016, collision claim frequency increased 2.6 percent while collision claim severity rose 8.2 percent.
Property Casualty 360 Lists Top 9 Insurance Fraudsters of 2016
List includes Philadelphia mobster and body shop owner Ron Galati, who staged bogus deer hits in an attempt to soak up $5 million from auto insurers for trumped-up injury and damage claims.
California Department of Insurance Issues New Auto Collision Repair Labor Rate Survey Regulations
The new regulation sets forth voluntary standards for insurers to accurately and reliably survey auto body repair labor rates to ensure they are paying the reasonable and proper amount.
New ‘Insurance Report Card’ Allows Collision Repairers to Grade Insurers in Their States
By giving insurers a grade from “A+” to an “F,” shops can help CRASH Network bring this information to consumers so they know which insurers will treat them the best when they have a claim.
Insurance Commissioners Elected in Five States
North Carolina, Montana, Washington, Delaware and North Dakota all receive new commissioners charged with regulating each state’s insurance industry.
Insurance Industry Cautions Public on Hail Scams
The Insurance Council of Texas warned of scams from pubic adjusters, fake contractors or even lawyers who promise they can help file a claim for a damaged car or a home’s roof after Nov. 4th hailstorm in El Paso, Texas.
Collision Industry Advocate Mike Causey Wins N.C. Insurance Commissioner Race
Causey, a consumer advocate, lobbyist and former BodyShop Business contributor, has won the state insurance commissioner’s race with 50.43 percent of the vote.
