Research

CCC Trends with Susanna Gotsch – COVID-19 Disrupts and Accelerates Demographic Trends

CCC Corporate / CCC Trends, Industry News, Research /

CCC Trends - October 2020 The ‘shelter-at-home’ directive that took place across most of the U.S. this spring shed new light on just how different ‘home’ is across the U.S., and led to a number of new, enhanced, accelerated or disrupted demographic trends. Time spent commuting to work grew in the last two decades as populations gravitated toward metro areas […]

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Extreme Weather & Total Loss: Preparing Insurance Carriers for Catastrophe Season

CCC Corporate / Auto Insurance, Auto-Finance, Perspectives, Research, Total Loss Care /

Preparing Insurance Carriers for Catastrophe Season To account for reduced driving because of social distancing and shelter-at-home guidelines, auto insurers are returning around $10.5 billion to their customers, providing financial relief when they need it most. But on top of the premium rebates being offered to drivers, a major natural disaster could be catastrophic for business. As we enter peak catastrophe […]

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CCC Publishes its 2019 Crash Course Report

CCC Corporate / Crash Course, Industry News, Perspectives, Research, Uncategorized /

CCC Publishes its 2019 Crash Course Report Industry trends report explores shifts in vehicle technology, personal ownership, and driving and their impact on automakers, insurers, and collision repairers CCC Intelligent Solutions (CCC) announced today the availability of its 2019 Crash Course report, a data-driven look at the business drivers and technology trends impacting the automotive […]

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2016: What About Claim Frequency?

CCC Corporate / Crash Course, Research /

Increases in auto claim frequency have been a topic of great interest to all in our industry.  Miles driven in the U.S. had been trending up slowly coming out of the recession, but when gas prices dropped, miles driven began to increase again.   Overall miles driven rose 3.5% in CY 15 versus the prior […]

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Continued Growth of Network Management

CCC Corporate / Research /

Claim Counts Recover The collision repair industry has experienced a great deal of change over the last several years. The Great Recession drove already flat-to-declining vehicle accident frequency down further, while high unemployment rates led to further declines in overall U.S. miles driven. In 2014, however, the industry saw claim frequency rise to levels last […]

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Fuel Economy Standards Drive Change

CCC Corporate / Collision Repair, Insurance, Research /

Fuel Pumps Originally featured on CollisionWeek.com The U.S. finalized new fuel economy standards in August 2012, that require each manufacturer’s fleet to achieve average fuel economy of 54.5 miles per gallon for cars and light-duty trucks by model year 2025. These standards extended the requirement already in place for a manufacturer’s vehicles by model year 2016 to […]

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Material Changes in Automotive Claims

CCC Corporate / Insurance, Research /

Car production Fuel Economy Standards Drive Change The U.S. finalized new fuel economy standards in August 2012, that require each manufacturer’s fleet to achieve average fuel economy of 54.5 miles per gallon for cars and light-duty trucks by model year 2025.  These standards extended the requirement already in place for a manufacturer’s vehicles by model year 2016 […]

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Parts of the Vehicle Repair

CCC Corporate / Insurance, Research /

Repair Costs Recover Post-Recession The average total cost of repair for vehicle appraisals in 2013 was $2,638, up 2.9 percent from 2012.    This increase is consistent with the increases seen year-over-year since mid-year 2009 when repair costs flattened.   To better understand the dynamics behind the change in average repair cost, in this article we will […]

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Consumer Demographics: How Changes Are Impacting the Automotive Claims and Collision Repair Industries

CCC Corporate / Research /

Keep your customers informed during every step of the repair process with the convenience of easy-to-read status updates from CCC Update Plus Repair Status. Changes within the demographics of the U.S. population will impact all aspects of society – whether it relates to changes in where people choose to live, what they do for a living or what they buy.  Businesses are already seeing the impacts of a changing workforce and customer base – where four distinct generations (Generations […]

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