 In this special edition of CCC Trends, we’re discussing 5 key takeaways from Crash Course 2023, our annual research report, which covers the latest P&C insurance and collision repair industry insights and trends. This year’s Crash Course is all about EXPERIENCE – and more specifically, the important role technology plays in creating truly customer-centric […]
Report identifies macro trends, business drivers, and technologies reshaping consumer driving, vehicle ownership, automotive claims, and collision repair CHICAGO, March 14, 2023 – CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today the availability of its annual Crash Course report, which identifies trends impacting the P&C insurance economy, […]
CCC Intelligent Solutions Reports Use of Advanced AI for Claims Processing Grew 60% YOY Tech leader also reports processing more than 14M unique claims with advanced AI through 2022 CHICAGO – FEBRUARY 21, 2023 – CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform powering the P&C insurance economy, today announces an update to its […]
Integration offers Duck Creek customers seamless access to CCC’s solutions, driving further automation, insurer efficiency, and seamless claims resolution for policyholders Boston – February 2, 2023 – Duck Creek Technologies (NASDAQ: DCT), an intelligent solutions provider defining the future of property and casualty (P&C) insurance, today welcomes CCC Intelligent Solutions (CCC), a leading SaaS platform […]
Labor shortages, supply chain challenges, climate change, and COVID uncertainty reshaping insurance economy trends as showcased in 27th annual edition of industry’s preeminent report CHICAGO, March 15, 2022 – CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, announces today it has released CCC Crash Course 2022, a data-driven report […]
Like many technology-reliant industries around the world, the auto industry is experiencing the impact of the global shortage of semiconductor chips, the microchips that power digital devices and process data. In the auto industry, these chips power Advanced Driver Assistance Systems (ADAS). What caused this shortage? At the start of 2020, high demand for semiconductor […]
The Michigan Department of Insurance and Financial Services (DIFS) has proposed new administrative rules to implement the medical fee schedules contained in Michigan’s automobile no-fault statute. The proposed rules address certain issues arising under the fee schedule, including: The Medicare fee schedules applicable to reimbursements Providers eligible for enhanced reimbursement amounts Use of charge description […]
At the beginning of 2020, the economy was strong, unemployment rates were low, congestion levels were high in many urban areas, and miles driven continued to grow. Auto accident and claim frequency had started to flatten, but average vehicle repair costs continued to rise. And then the pandemic. In response to rising diagnoses, hospitalizations, deaths, […]
Repairable appraisal counts in November 2020 versus November 2019 remained down nearly 20 percent, but showed a modest improvement coming in at -18.7 percent decline versus a -19.6 percent decline in October 2020. COVID-19 diagnoses, hospitalizations, and deaths continue to climb, as the third wave of the pandemic continues to affect most of the country. Data from […]
 The final CCC Trends of 2020 is here, ending on a positive note with a progress report for vehicles with Advanced Driver-Assistance Systems (ADAS). While COVID-19 profoundly impacted the auto industry this year, we have seen progression in vehicle technology and correlations with repairs. Vehicles equipped with Automatic Emergency Breaking (AEB) has grown 74% […]
