Historically, “total loss” auto claims would only be 8-12% of the total claim volume processed. Now, total loss claims may comprise 20-25% of the total auto claims processed. (Photo: anekoho/Adobe Stock)
As we look at the world of claims changes for 2021, it...
Latest Annual Report Details Trends U.S. Auto Insurers are Facing in the Aftermath of Pandemic-Induced Supply Shortages, High Inflation Rates, New Driving Behaviors and More
ATLANTA, April 21, 2022 /PRNewswire/ -- LexisNexis® Risk Solutions today released its 2022 U.S. Auto Insurance Trends Report, which aggregates...
Although sales prices are declining, March marked the 10th month of an "over sticker" market where drivers paid well above the manufacturer suggested retail price (MSRP) for their new car, according to KBB. That’s because dealerships...
