Megacasting long-term durability unknown, costly barriers to widespread use
— February 22, 2024Ducker Carlisle has found the recent introduction of megacasting leaves unknowns regarding durability
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Market Trends
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Allstate plans rate hikes in 10 states, restricts business in New Jersey
— February 14, 2024Allstate plans to continue increasing auto insurance rates in at least 10 states in 2024, including New
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Simulations explore use of recycled plastic in auto parts, says JustAuto
— February 8, 2024A Pennsylvania company is using simulation technology with plans to change the materials OEMs use to
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MY 2021-2023: Cars and minivans have highest claim frequency, severity
— February 5, 2024New data from the Insurance Institute for Highway Safety (IIHS)’s Highway Loss Data Institute (HLDI)
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CollisionRight’s Equity Partner sells Majority Share
— January 30, 2024CollisionRight, a leading consolidator of collision repair shops, has been sold by CenterOak Partners
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Insurers start seeing profit, continue rate hikes
— January 30, 2024Progressive netted $1.9 billion in Q4 2023, a 141% increase from the $826.4 million the company netted
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Two shipping disruptions could impact supply and cost of parts
— January 29, 2024Attacks on cargo ships in the Red Sea and drought in Central America have disrupted shipping through
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Hyundai & Kia cut EV aerodynamic resistance, Stellantis unveils BEV platform
— January 29, 2024Hyundai Motor Co. and Kia Corp. have unveiled an “Active Air Skirt (AAS)” technology that
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Hydrogen fuel cell production ramps up, flying cars considered in 8 states
— January 29, 2024GM and Honda have announced the start of production at their 50/50 joint venture production facility,
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CIECA: Collision industry trends to watch in 2024
— January 26, 2024A possible new threat to the supply chain, stagnant interest rates through at least the summer, and increasing
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