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From artificial intelligence to augmented reality, technology is transforming the Property & Casualty insurance and collision repair ecosystem. Whether your area of focus is collision claims, collision repair, first or third party casualty, workers’ compensation or pharmacy, Mitchell is your source for information and expert opinions on the latest technology and business trends.
Mitchell Reports a Lower Total Loss Rate for Electric Vehicles
November 8, 2023
Mitchell released its latest trends report: Plugged-In: EV Collision °Ä²ÊÈ«ÄêÀúʷͼ¿â. This quarter’s report examines total loss frequency for electric and ICE automobiles. In the U.S. and Canada from Q1 to Q3 2023, the EV total loss rate was 7.25% for models 2020 and newer. Luxury ICE automobiles had a rate of 7.47% versus 8.49% for all ICE vehicles.
Mazda and Mitchell Renew Collision Network Agreement and Introduce Program Enhancements
November 1, 2023
Mitchell and Mazda North American Operations (MNAO) today announced that they have signed a contract renewal. Under the terms of the contract, Mitchell will continue to serve as program administrator of the Mazda Collision Network in the United States.