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Mitchell’s Q1 Industry Trends Report Examines the Ongoing Effects of COVID-19 and Implications for Property & Casualty Claims and Collision Repair
One full year after the first stay-at-home orders were issued, Mitchell experts share views, changes and trends from 2020 to better understand what may be around the corner.
COVID—A Year Later
The COVID-19 pandemic has affected many facets of our lives from how we work & live to how we innovate & evolve without truly knowing what lies ahead.
The Evolution of Claims Automation
By 2025, the global data and analytics company predicts that more than 80% of claims processed will be virtual, and up to half of non-injury claims fully automated. So what does this mean for the auto insurance sector?
Drug of the Month: Insights Into COVID-19 Vaccines and Workers' Comp
COVID-19 vaccination efforts continue to progress, after the Emergency Use Authorization (EUA) of two COVID-19 vaccines by the Food and Drug Administration (FDA) in late 2020. In late February 2021, a third vaccine was given approval to begin distribution.
Current Used Vehicle Market Conditions: Q4 2020
Average wholesale used vehicle prices fell from their August peak for the fourth month in a row in December, yet finished out the year almost 10% higher than year-ago levels.
A Look Back at 2020 Trends in Auto Insurance
By taking a look at last year’s key trends, carriers and collision repairers can successfully navigate an uncertain future and adapt to what will likely be a new post-pandemic normal.