Insights
Taking Charge: How EVs are Impacting Auto Insurance and Collision Repair
January 17, 2023
6 MIN READElectric vehicles (EVs) are making the transition from novelty to necessity. As EV adoption continues to grow, auto insurers and collision repairers must prepare for the impact on claims processes and costs.
Claims Automation: Separating Fact From Fiction
January 17, 2023
7 MIN READAs an industry, we are just beginning to reconcile initial expectations with the current state of claims automation. So what better time to evaluate our progress and the road ahead?
Ask The Pharmacist: Prescription Drug Monitoring Programs (PDMP)
January 13, 2023
3 MIN READPrescription Drug Monitoring Programs (PDMPs) are electronic databases designed to track and monitor controlled substance dispensing. These databases are run at the state level, and the main intent of such programs is to screen for suspected drug diversion (i.e., using drugs for illegal purposes such as selling prescribed medications for profit) and abuse.
If Over-the-Counter Meds Are Prolonging Pain, What Does This Mean for Workers’ Comp?
January 10, 2023
Is it time to change our relationship to NSAIDs, like Advil? What are the alternatives?
Ask The Pharmacist: Anti-Seizure Medications for Pain Management in Workers’ Compensation
December 21, 2022
3 MIN READOpioids are often prescribed for moderate-to-severe pain, and while opioids can be highly effective medications, they can also be associated with negative effects including the potential for abuse and addiction.
Average Length of Rental for Repairable Vehicles: Q3 2022
December 6, 2022
12 MIN READAverage Length of Rental (LOR) for collision replacement-related rentals in Q3 2022 was 18.2 days, representing a three-day increase from Q3 2021 (15.2 days). Last year, when we compared Q3 2021 to Q3 2020, the results showed a 2.9-day rise. This represents almost six full days in the last 24 months.
Current Used Vehicle Market Conditions: Q3 2022
December 6, 2022
3 MIN READAverage wholesale used vehicle prices in September were down for the fourth month in a row from their spring/tax-refund seasonal peaks in May, but at a more gradual pace than that seen in the three prior months. Hurricane Ian possibly had a moderating effect on wholesale price deterioration, due to the loss of used vehicle supply and the resulting replacement demand the storm generated. This moderating trend continued into October.