October 7, 2024
Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will have a bumpy road to navigate in the year ahead, according to CCC Intelligent Solutions Inc.’s Crash Course Q3 2024 …
April 9, 2024
New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more costly and increasing repair times, trends that a new report asserts are “reshaping” the industries. The bottom-line message: Newer vehicles …
September 29, 2023
Bain Capital and TPG Inc. are weighing a deal for CCC Intelligent Solutions Holdings Inc., the car-insurance software provider controlled by Advent International, according to people familiar with the matter. Bain and TPG are among suitors that have expressed interest …
September 18, 2023
Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc., a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday. …
March 17, 2023
US roadways are carrying heavier, more powerful vehicles operated by motorists who are older, driving faster and more often distracted, according to CCC Intelligent Solutions’ annual Crash Course report. Each of those factors has a bearing on the frequency and …
February 15, 2022
The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5% inflation rate announced last week. Perhaps that should be no surprise. “It’s the things that we all …