News
From artificial intelligence to augmented reality, technology is transforming the Property & Casualty insurance and collision repair ecosystem. Whether your area of focus is collision claims, collision repair, first or third party casualty, workers’ compensation or pharmacy, Mitchell is your source for information and expert opinions on the latest technology and business trends.
Enlyte’s Q2 Medical Price Index Shows Increases In Comp and Auto Injury Services
June 26, 2024
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.
Enlyte Launches Bundled Solution for Auto Bodily Injury Cost Containment
June 20, 2024
PrecisionDirect allows auto carriers to improve payment accuracy for provider services. During claims settlements busy adjusters often have neither the time or experience to negotiate and pay providers directly on bodily injury claims. Today, Enlyte is working to streamline that process by launching PrecisionDirect, an integrated provider negotiations and networks solution designed to free up adjusters to focus on claim settlement while securing savings on these bills.
Decrease in Used Electric Vehicle Prices Coincides with an Increase in Total Loss Claims
June 4, 2024
Mitchell today released its Q1 2024 trends report: Plugged-In: EV Collision Insights. This quarter’s report provides an update on EV total loss frequency, which has risen since late last year as the price of used EVs has fallen. In the U.S. and Canada, EV total loss rates were 9.93% and 7.48% respectively—an increase of approximately 8% from Q4 2023 and 30% from Q3 2023 in both regions.
Comp industry wary of rise of migraine meds
May 16, 2024
In the article, Nikki Wilson says a big reason these meds are rising in comp is due to their effectiveness for treating injured employees who sustain traumatic brain injuries or other triggers on the claim related to migraines.
Enlyte and Mitchell Honored as American Business Awards® Winners
April 29, 2024
Enlyte and Mitchell, an Enlyte company, have been recognized by the American Business Association with two prestigious Stevie® awards for excellence. This recognition underscores the organizations’ commitment to leveraging their comprehensive data and market expertise to serve the needs of the property and casualty industry.
Medical costs for injured workers outpaced overall cost increases nationwide
April 3, 2024
Business Insurance recently featured an insightful piece on Enlyte's latest quarterly medical price index report.
Latest Mitchell Data Shows Continued Increase in Electric Vehicle Collision Claims
March 7, 2024
Mitchell today announced the publication of its latest trends report: Plugged-In: EV Collision Insights. This issue provides a year-over-year analysis of EV claims volume, which increased in 2023 by more than 40% in the U.S. and Canada.