CCC Intelligent Solutions News

Claims Business: Sedgwick, J.S. Held and CCC

Sedgwick Expands Service Offerings to Include Auto Claims Sedgwick had added automotive loss adjusting, claims administration and recall services to its product offerings. The international claims management firm, headquartered in Memphis, Tenn., said in a press release that it offers …

CCC Says Shortage of Repair Technicians Adding to Pressure on Auto Claim Costs

If a shortage of replacement parts and growing claim severity are not enough to contend with, auto insurers are also coping with a labor shortage among auto repair shops that is driving up claim costs, according to CCC Intelligent Solutions. …

Claims Business: Davies, Verisk, Sedgwick and Enlyte

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 …

CCC: Fewer Auto Claims in 2021, But Repairs Take Longer and More Expensive

Auto insurance claims costs rebounded this year after plummeting during the COVID-19 pandemic, but the number of collision claims remain 15% below 2019 levels, according to a report by CCC Intelligent Solutions. While highway traffic levels — and hence auto …

CCC Data Shows Collision Repairs 3% More Expensive For Electric Vehicles

Auto body repairs to late-model electric vehicles after minor collisions cost about 3% more than for gasoline cars, even though less time is required for the work. Customers are also less likely to be satisfied with electric vehicle repairs, while …