The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Average Vehicle Age in Years
Average Vehicle Total Loss Actual Cash Value
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Auto Physical Damage
Conference
2024 CARSTAR Conference
The Canadian CARSTAR franchise network will celebrate its 30th anniversary in Victoria, BC by hosting its annual conference. Over the course of three days, the CARSTAR team, along with professionals from across the industry, will gather to celebrate this milestone, attend informational sessions and strengthen connections with one another during events like the vendor trade show.
Insurance Thought Leadership
In the News
The Evolving Claims Professional
In “The Evolving Claims Professional,” Steve Laudermilch notes that 50% of the current insurance workforce will retire over the next 15 years, creating a talent chasm among adjusters in our industry. Though claims operations have stabilized their staffs by backfilling deficits, many still struggle getting these new adjusters up to speed.
Auto Physical Damage
Conference
Texas Auto Body Trade Show 2024
With the goal of bringing together automotive repair professionals across the broader Southwest region, the Auto Body Association of Texas (ABAT) i
Enlyte
News Release
Enlyte’s Q2 Medical Price Index Shows Increases In Comp and Auto Injury Services
Medical costs nationally have risen 11% in workers’ comp and 5% in auto first-party over the past four years, despite a slowing of growth over the past two years, according to new data released by Enlyte today.
Auto Physical Damage
Podcast
Episode 12: Balancing Act: Managing Rising Costs without Compromising Safety
Auto claim costs continue to grow—requiring an even greater focus on expenses. In this episode, Ryan Smith, vice president of claims and salvage operations at Saskatchewan Government Insurance Corporation (SGI), shares how his organization is successfully balancing this cost increase with its commitment to high-quality collision repairs by prioritizing safety, ingenuity and industry collaboration.
Enlyte
Article
Looking Beyond the Numbers of Enlyte’s Medical Price Index
In this quarter’s Enlyte Executive Insight, Michele Hibbert, senior vice president of regulatory compliance management, discusses the latest results from Enlyte’s medical price index and how it impacts the industry.