Total loss frequency continues to be elevated as we head into the second half of CY 2016. When looking at collision and liability losses the percent of vehicle appraisals flagged total loss for the 1st half of 2016 is the highest seen in the last six years (see Figure 1). In large part, much of […]
(This article was originally featured in Insurance Networking News.) Total Loss Frequency Remains Elevated Analysis of vehicle claims data for 2015 to date shows that the rate at which vehicles are being totaled versus repaired has risen for the industry. What’s driving this increase, and when can we expect to see it start to trend […]
Analysis of vehicle claims data for 2015 to date shows the rate at which vehicles are being totaled versus repaired has risen for the industry. In the November 2015 edition of CCC Trends Susanna examines the factors driving this increase, and when can we expect to see it start to trend down. To check out […]