Insights
Measuring and Driving Performance in a Technology Shocked Industry
The change in the complexity of vehicles over the last five years is absolutely staggering. We live in an age where every aspect of the automobile is being transformed. Cars are now being produced with a combination of substrates that allows manufacturers to reduce the weight of vehicles to achieve greater fuel efficiency while at the same time improving crash performance.
Current Used Vehicle Market Conditions: Q3 2018
Strong retail sales supported used vehicle values in October, as wholesale prices recovered from declines in September.
Generic Medications: Quarterly Drug Update
4 MIN READ
Managing the pharmacy portion of a workers’ compensation or auto accident-related claim is vital to ensure the best outcomes. An important area to monitor during claims is the usage of brand name medications when generic equivalents are available.
How Intelligent Automation Is Changing the Nature of Work in Insurance, Collision Repair, and Beyond
7 MIN READ
When mobile phones were first made available to consumers more than thirty years ago, it was difficult to imagine that they would become the hubs of Internet access, information and activity—even health tracking—that we know them to be today. Similarly, it may be difficult to imagine that smart phones, and indeed the world around us, will soon be embedded with artificial intelligence. But that appears to be the direction things are headed.
Average Length of Rental for Repairable Vehicles: Q3 2018
Average Length of Rental (LOR) for Q3 2018 landed at 12 days in the United States which is even compared to Q3 2017. This is the second consecutive year that Q3 LOR has been flat versus the prior year. 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.
2019 CPT Code Changes: Technology is King
6 MIN READ
The American Medical Association (AMA) 2019 Current Procedural Terminology (CPT) code set is here! There are a total of 335 code changes in the 2019 code set. How will these changes impact the casualty industry? After an intensive review of the new CPT code book, the most notable changes are technology-based.
New Medical Price Index Reports Coming in 2019
1 MIN READ
A Message From Our Team Regarding the Auto Casualty and Workers' Compensation Medical Price Indexes
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