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Tariffs, Total Losses, and Tech: What’s Reshaping the Global Auto Insurance Market

Solera

The global auto insurance market is undergoing a profound transformation , driven by rising trade barriers, escalating costs, and accelerated technological innovation. Tariffs on vehicles and auto parts are directly inflating repair costs, disrupting supply chains, and increasing claim severity across key regionsfrom the U.S.

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From the Magazine: Collision repair at a crossroads

Auto Service World

Insurance claims, arguably the largest driver of revenue, were down which directly impacted collision topline. Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. Now, 2024 was an unusual year with one of the mildest winters recorded in recent history.

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BEV repair costs remain highest

Auto Service World

Despite looming trade challenges, battery electric vehicle (BEV) sales remained strong in the first quarter, making up nine per cent of new vehicle sales in the U.S. ICE vehicle repair costs dropped eight per cent to $5,345. and 10 per cent in Canada. Collision claims for repairable BEVs also increased, hitting 4.48

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North Dakota Bucks Trends by Passing Law Allowing Insurers to Direct Policyholders to Certain Auto Body Shops

AutoInc.

North Dakota has decided to buck a trend in the way states approach automotive insurance issues. Most states discourage auto insurance companies from directing their policyholders to certain auto body shops. Lawmakers in North Dakota went in another direction. ” Senate Bill (SB) 2374 would overturn that bulletin.

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Polly to Unveil Professional Insurance Platform at NADA 2025  

AutoSuccess

Polly has announced the launch of its new Professional Insurance Platform at NADA 2025 to empower dealerships to monetize the insurance process and improve gross profits. The announcement comes as Polly prepares to showcase these updates at the 2025 NADA Show in New Orleans.

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What’s Driving Operating Costs in 2025? New Challenges Emerge

Automotive Fleet

Fleet operators are facing rising costs in acquisition, insurance, maintenance, and repairs — even as fuel prices dip — forcing a rethink of budgeting and vehicle strategies.

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2025 IIHS Top Safety Picks: No Tesla Among the Safest Cars Sold This Year in the US

autoevolution

The Insurance Institute for Highway Safety (IIHS) has released the preliminary list of vehicles tested according to the 2025 criteria. Only seven MY2025 electric vehicles got the coveted Top Safety Pick Plus award, and no Tesla model is among them. continue reading. )