Claims from collisions involving battery electric and internal combustion engines rose compared with last year while claims frequencies also rose, according to a new report that also shows a growing parity in loss outcomes of collisions involving battery electric vehicles …
A new report shows a jump in total loss frequency for both electric and newer internal combustion engine automobiles. Mitchell this week released its Q1 2024 trends report: Plugged-In: EV Collision Insights. The report shows EV total loss frequency has …
Davies Acquires IRS London-based international claims administrator Davies has acquired Insurance Risk Services. IRS, based in Lake Mary, Fla., conducts underwriting inspections for residential and commercial properties. The company operates a network of more than 1,000 field inspectors, Davies said …
Mitchell Adding QANI to Portfolio Mitchell | Genex | Coventry has agreed to buy QualCare Alliance Networks, a managed-care organization serving New Jersey, Pennsylvania and New York. San Diego-based Mitchell said in a press release that the purchase will strengthen …
Tractable Inks Deals with The Hartford, Mitchell Tractable, a London-based insurtech that uses artificial intelligence to create damage estimates from photographs, has expanded its presence in the US property and casualty market with two deals announced this week. Tractable has …
Auto casualty claimants are avoiding hospital emergency rooms during the COVID-19 pandemic but are generating increased hospital charges anyway, according to a new report by Mitchell, a San Diego-based claims administrator. “Anecdotally, we have heard that some people have been …
Even though the number of opioid prescriptions in the United States had dropped by more than a third, the number of drug overdoes has surged this year, recent studies show. Mitchell, the San Diego-based claims administrator and pharmacy benefit manager, …
Startup Offering Free Climate Risk Checkups ClimateCheck, a San Francisco startup, is offering consumers free reports that assess the vulnerability of individual properties to climate-related risks such as wildfires and flooding. The company said in a press release that ClimateCheck …
Pacesetter Teams with OnSeen and Hover Pacesetter Claims Service, OnSeen Inc. and Hover have teamed up to launch a claims management system that virtually connects all parties involved in the claim adjustment workflow through smartphones. The LiveClaims Solution will become …
A federal appellate court affirmed a decision to throw out a racketeering lawsuit brought by a group of 126 auto body collision repair shops against seven of the largest U.S. insurers. The 11th Circuit Court of Appeals in Atlanta agreed …