Insights
Average Length of Rental for Repairable Vehicles: Q4 2023
February 6, 2024
12 MIN READOverall length of rental (LOR) for collision-related rentals in the U.S. in Q4 2023 was 17.7 days, a one-day decline from Q4 2022. In Q4 2022, LOR (18.7 days) was up one-half day from Q4 2021, so the trend of declining year-over-year LOR we’ve been tracking since Q2 2023 continues. Compared to Q4 2021, LOR is up 0.7 days.
The Value of Maintaining Provider Data Accuracy
January 26, 2024
Coventry understands the value of maintaining accurate provider data; therefore, Coventry is taking aggressive action to ensure network data is current and accurate.
Oklahoma Auto Body Association (OKABA) Trade Show
Don’t miss the Oklahoma Auto Body Association’s (OKABA) inaugural trade show, a two-day experience open to the public.
Business Insurance Video: Comp Spotlight with Mike Cwynar
January 18, 2024
Mike Cwynar discusses the role of artificial intelligence in workers' compensation.
Ask The Pharmacist: Fixed-Dose Combination Drugs in Workers’ Comp
January 10, 2024
Fixed-dose combination drug products (FDCDPs) are made up of two different drug ingredients in a single formulation, containing a fixed amount of each. Among the more recognizable examples of these are Symbicort (budesonide-formoterol), Suboxone (buprenorphine-naloxone), Treximet (sumatriptan-naproxen), and Tylenol PM (acetaminophen-diphenhydramine). Several FDCDPs for pain management also exist such as Vimovo (naproxen-esomeprazole), Duexis (ibuprofen-famotidine), and Seglentis (celecoxib-tramadol).
Top Collision Industry Trends to Watch in 2024
On-Demand
1 MIN READOver the last several years, the collision industry has faced unprecedented challenges. Will 2024 produce more of the same?
Exploring Use of GenAI in P&C
December 6, 2023
Mainstream use of generative AI has prompted claims leaders to explore how the technology can be used to improve claims management. And while GenAI certainly offers tremendous opportunities for the P&C industry, tech leaders must be diligent in ensuring the intricate knowledge and experience in claims management is integrated into these programs.