The share of franchised dealers operating body shops posted its largest midyear decline in at least … [Read More...]
Research
Most Profitable States for Auto Insurers in 2024
Auto physical damage insurers posted their best year in a decade after three straight years of … [Read More...]
Features
New Jersey Bill Would Bar Insurers from Using AI to Make Final Claim Denials
Bill focused on the final denial decision, not other parts of the claim process. A New Jersey lawmaker has introduced legislation that would prohibit automobile, homeowners and flood insurers from using artificial intelligence to make the final decision to … [Read More...]
Massachusetts Appraiser Board Proposes Ruling Reaffirming Licensed-Appraiser Requirement for Repair Shops
Board moves to reaffirm its own licensed-appraiser requirement after the Division of Standards stopped mandating one for shop registration. Public comment is open before the July 14 vote. The Massachusetts Auto Damage Appraiser Licensing Board is seeking … [Read More...]
Rhode Island Legislature Passes Bill to Raise Total Loss Threshold to 85%
For the second year in a row, Rhode Island total loss thresholds have been adjusted. The Rhode Island General Assembly has passed legislation that would raise the threshold at which an insurer may declare a damaged vehicle a total loss to 85% of its … [Read More...]
Rhode Island Proposes Adding ADAS to Required Auto Body Technician Certifications
Public comment period open through June 25. Rhode Island regulators have proposed amending the state's Motor Vehicle Body and Salvage Vehicle Repair regulation to make Advanced Driver Assistance Systems (ADAS) a required category of technician certification … [Read More...]
Illinois Right to Appraisal Bill Heads to Governor
Legislation would require an appraisal provision in auto policies with first-party physical damage coverage beginning July 1, 2027. The Illinois General Assembly has passed legislation requiring auto insurance policies that include first-party physical damage … [Read More...]