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News
New Insurance Affordability Index Lists Repair Costs Among Drivers of Premium Pressure
12+ hour, 11+ min ago (310+ words) New index lists repair cost trends among several factors Triple-I says contribute to premium pressure, a data point relevant to shops navigating cost conversations with insurers. A new data tool from the Insurance Information Institute (Triple-I) lists vehicle repair cost…...
Insurance Price Index Falls Nationally as State Rate Filings Climb, Parts Costs Rise
2+ week, 6+ day ago (330+ words) Autobody News Collision repair shops navigating insurer reimbursement pressure and rising parts costs now have new federal data to weigh against separate industry projections showing insurance rates climbing in most states The two data sets, released within a week of…...
NC Insurance Commissioner Urges Shops to Keep Regulators Informed Despite Complaint Limitations
3+ mon, 4+ week ago (500+ words) Causey, a former collision repair association lobbyist, said shop input gives regulators leverage with carriers and legislators. North Carolina Insurance Commissioner Mike Causey acknowledges that some of the issues related to shops and insurers are “as bad now as ever,…...
California's Auto Glass Bill Would Tighten ADAS and Claims Rules
5+ mon, 1+ week ago (466+ words) Senate Bill 988 would reshape how glass shops handle ADAS disclosures, claims authorization, and assignment of benefits. California is among a series of states where auto glass legislation has been introduced in recent months. Senate Bill 988, the California Motor Vehicle Glass…...
State Farm Announces Record $5 Billion Auto Dividend as Underwriting Results Rebound
6+ mon, 6+ day ago (375+ words) State Farm is returning $5 billion to eligible mutual auto policyholders in what the carrier calls the largest dividend in its history. In a newsroom announcement, State Farm said it generated a $4.6 billion underwriting gain in auto in 2025 after prior-year losses,…...
Oklahoma Bill Would Raise Salvage Title Threshold to 70%, Potentially Shifting Total Loss Dynamics
6+ mon, 1+ week ago (321+ words) Lawmakers in Oklahoma have advanced legislation that would increase the state’s salvage title threshold to 70% of a vehicle’s actual cash value (ACV), a move that could affect total loss decisions, repair-versus-replace calculations, and downstream collision repair economics. The Oklahoma Senate…...
Oregon Auto Insurance Rate Increases Could Signal More Pressure Ahead for Collision Repairers
7+ mon, 3+ day ago (865+ words) Rising premiums, weather volatility, and delayed repairs are reshaping claim behavior and forcing shops to adapt. A new report claims that while auto insurance rates are stabilizing or even declining in many parts of the country, Oregon is moving in…...