Click here to receive monthly CCC Trends reports and other insights The recent uptick in electric vehicle adoption and subsidization has elevated the conversation around car complexity and advanced driver assistance systems (ADAS) technology, but there are more than 60 million ICE vehicles in America that also tout ADAS safety and technology features designed for […]
Click here to receive monthly CCC Trends reports and other insights For those of us tracking insurance industry trends, one of the most curious and unexpected in recent times has been the reshaping of auto injury treatment patterns. The duration, complexity, and distribution of treatment looks notably different now than it did four years ago, with […]
Click here to receive monthly CCC Trends reports and other insights Electric vehicles (EVs) have become an undeniable catalyst for change in the automotive industry as they continue to grow in popularity and market share. With approximately two million currently on the road, accounting for about 1% of all vehicles in operation, the current EV market […]
Click here to receive monthly CCC Trends reports and other insights Summer has arrived, and that means seasonal travel has already begun. A recent vacation survey showed that almost 80% of Americans are planning to hit the road this summer – on two wheels or four, or more. (Figure 1) As the global powersport and recreational […]
Click here to receive monthly CCC Trends reports and other insights In the insurance industry, change is constant. The need for change can be driven by advancing technology, shifting needs of the consumer, and broader macro trends all at once. Today, the intention is to focus on a specific macro trend which has a growing impact […]
Click here to receive monthly CCC Trends reports and other insights What’s Driving Demand for Diagnostics Advanced Driver Assistance Systems (ADAS) have become an established feature in late-model vehicles, composed of an integrated suite of sensors, cameras, radars, and more. Some of the earliest versions of ADAS appeared in the early 2000s with various forms of […]
Click here to receive monthly CCC Trends reports and other insights 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 […]
Click here to receive monthly CCC Trends reports and other insights Artificial Intelligence (AI) is changing the way the world solves problems, which is why so many industries are applying this pervasive technology in all sorts of new and exciting ways. Property and casualty (P&C) insurers, for example, have become increasingly reliant on AI to help […]
Click here to receive monthly CCC Trends reports and other insights With nearly all manufacturers’ updates reported, over 90 percent of all vehicles of curb weight 8500 pounds or less produced and sold in the U.S. between September 1, 2021 and August 31, 2022 included automatic emergency braking (AEB) and frontal crash warning (FCW).[1] This was […]
1. Inflation Inflation – perhaps one of the words that best defines 2022. At the close of 2021 many were hoping we had seen the worst of rising inflation as supply chain issues were getting better, whether it was the lower cost of shipping goods or automakers predicting improved supplies of semiconductor chips. But then […]
