Alternative therapies are mentioned often by participants in the workers compensation sector trying to manage injured workers' pain while shifting away from the industry's dependence on opioids — and acupuncture is the talk of the town.
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Mitchell
Article
Average Length of Rental for Repairable Vehicles: Q4 2017
Average Length of Rental (LOR) for Q4 2017 landed at 12.4 days in the United States, a decrease of .1 days compared to Q4 2016. This produced a final LOR for Calendar 2017 of 12.04 days, up slightly from 11.98 in 2016. Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend.
Mitchell
Article
Total Loss: Q4 2017
Total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Mitchell
Article
Mitchell Collision Repair Industry Data: Q4 2017
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through Mitchell systems in Q4 2017, was $3,151. Continued development suggests a final Q4 2017 average appraisal value of $3,184, which represents an increase of $67 compared to the same quarter last year.
Mitchell
Article
Canadian Collision Summary: Q4 2017
The average gross initial appraisal value, calculated by combining data from all first and third party repairable vehicle appraisals uploaded through Mitchell Canadian systems in Q4 2017, was $4,184, a $43 increase from Q4 2016. Factoring for development yields an anticipated increase to $4,229.
Workers' Comp
Podcast
Empowering Injured Workers
There’s been a lot of talk about injured worker advocacy and empowerment in workers’ compensation. But what exactly does that mean? Genex’s 2017 Heart of Case Management Award winner Lisa Armstrong, BSN, CRRN, RN-BC, has a few ideas to keep your injured workers invested in their own recovery.
Mitchell
Article
Insurers Lead in AI Investment
In a recent study of 13 different verticals, the insurance industry invested more on artificial intelligence (AI) than any other industry—on average, $124 million per company surveyed. Of the 54 insurance companies that participated, about half were in North America, and about half were in the property and casualty industry. While the greatest areas of investment were security and customer service, investments were made across multiple business functions, including everything from human resources to sales.