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News

Autobody News
autobodynews.com > news > new-insurance-affordability-index-lists-repair-costs-among-drivers-of-premium-pressure

New Insurance Affordability Index Lists Repair Costs Among Drivers of Premium Pressure

2+ hour, 24+ 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…...

Autobody News
autobodynews.com > news > auto-damage-claims-held-steady-as-insurers-tighten-other-payouts-wsj-finds

Auto Damage Claims Held Steady as Insurers Tighten Other Payouts, WSJ Finds

1+ week, 4+ day ago   (334+ words) Claims for collision and comprehensive repairs closed without payment at a rate largely unchanged since 2016. Auto insurers closed 45% of the liability and medical claims they resolved in 2025 without making a payment, up from around 35% a decade earlier, according to a…...

Autobody News
autobodynews.com > news > insurance-price-index-falls-nationally-as-state-rate-filings-climb-parts-costs-rise

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…...

Autobody News
autobodynews.com > news > vehicle-repair-insurance-costs-outpace-vehicle-prices-as-inflation-driver-cox-automotive-finds

Vehicle Repair, Insurance Costs Outpace Vehicle Prices as Inflation Driver, Cox Automotive Finds

2+ mon, 1+ week ago   (468+ words) 56% of shoppers said that rising gas prices make them more likely to consider a hybrid or plug-in hybrid. A category of consumer costs that includes vehicle maintenance and repair, insurance, and public transportation has contributed more to U.S. inflation over the…...

Autobody News
autobodynews.com > news > texas-auto-policyholders-set-to-receive-right-to-appraisal-notice-at-every-renewal-under-proposed-tdi-rule

Texas Auto Policyholders Set to Receive Right-to-Appraisal Notice at Every Renewal Under Proposed TDI Rule

3+ mon, 3+ week ago   (363+ words) Every Texas auto policyholder will begin receiving a written notice of their right to invoke independent appraisal under proposed Texas Department of Insurance amendments that fold the new right-to-appraisal provision from Senate Bill 458 into the consumer-facing summary insurers issue with…...

Autobody News
autobodynews.com > news > surging-negative-equity-may-be-reshaping-collision-claim-behavior

Surging Negative Equity May Be Reshaping Collision Claim Behavior

3+ mon, 3+ week ago   (1127+ words) For collision repair shops, that debt load is showing up in claim filing behavior, total loss frequency, and how shops are adapting to a market where insured volume is shrinking and financial pressure on vehicle owners is growing. Understanding why…...

Autobody News
autobodynews.com > news > federal-appeals-court-blocks-class-action-in-state-farm-total-loss-case

Federal Appeals Court Blocks Class Action in State Farm Total-Loss Case

4+ mon, 1+ week ago   (370+ words) Autobody News When a customer disagrees with an insurer's total-loss valuation, the path to challenging it just got narrower Court of Appeals for the Six Circuit ruled April 24 that a class of roughly 90,000 Tennessee policyholders cannot pursue a collective lawsuit…...

Autobody News
autobodynews.com > news > hldi-mazda-study-shows-more-adas-means-fewer-claims-but-more-complex-repairs

HLDI Mazda Study Shows More ADAS Means Fewer Claims, But More Complex Repairs

5+ mon, 1+ week ago   (509+ words) Stacking multiple crash avoidance technologies on the same vehicle produces compounding reductions in insurance claims, according to a new study from the Highway Loss Data Institute. But the crashes that remain tend to be more expensive, reinforcing a pattern collision…...

Autobody News
autobodynews.com > news > state-farm-announces-record-5-billion-auto-dividend-as-underwriting-results-rebound

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,…...

Autobody News
autobodynews.com > news > oregon-auto-insurance-rate-increases-could-signal-more-pressure-ahead-for-collision-repairers

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…...