Starlene Enfield, M.Ed., CRC
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Mitchell today announced the latest release of its Plugged-In: EV Collision Insights report. This edition features an overview of the most notable annual trends in battery electric vehicle (BEV), mild hybrid electric vehicle (MHEV) and plug-in hybrid electric vehicle (PHEV) collision claims. Following a second year of record sales for new cars with electrified powertrains, claims frequency for repairable BEVs rose to 2.71% in the U.S. and 3.84% in Canada in 2024, a year-over-year increase of 38% and 34% respectively.
Claims frequency for collision-damaged, repairable battery electric vehicles (BEVs) rose to 2.71% in the U.S. and 3.84% in Canada in 2024, a year-over-year increase of 38% and 34% respectively. CNBC reported that BEVs and hybrids represented 20% of all new U.S. vehicle sales in 2024, and Cox Automotive is predicting that number to climb to 25% in 2025 despite U.S. policy changes that could hinder BEV adoption.
In the complex world of medical bill review, specialty bill review stands out as a powerful tool for achieving significant savings. Chad Countryman, a seasoned account success director at Enlyte, shares his insights on how he coaches clients to understand and implement FairPay Flex effectively.
The 2025 CSN Collision Conference is an engaging and informative gathering for industry professionals.
Enlyte offers Long-Term Catastrophic Assessments for workers' comp claims. Our comprehensive evaluations help manage complex cases, prevent complications, and ensure proper care.
In the world of civil litigation, a new player has emerged—third-party litigation funders. These deep-pocketed investors are bankrolling lawsuits they have no direct involvement in, fueling a surge in nuclear verdicts (awards exceeding $10 million) and even thermonuclear verdicts (over $100 million). For workers' compensation and auto insurers, this trend is a ticking time bomb that could lead to skyrocketing claims costs.