total loss | DCI Solution

Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims

Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the insurer underpaid their total loss claims on their vehicles. The $48 million represents approximately 54% of the compensatory damages alleged by...

State Farm v Mabry: Diminished Value 18 Years Later

Last year we marked the 17th anniversary of the State Farm v Mabry case that gave the world of diminished value the 17c Formula with a blog post that described how the 17c Formula came to be and how it can be flawed. Well, another year has passed, so let’s take...

DCI Solution’s SEMA 2019 Recap

SEMA 2019 has come and gone, but what did we take away from it? The week of the show was a busy one for DCI Solution, as was the week after, full of follow-up meetings and calls with people from the show. As always, SEMA 2019 was a very exciting and well-attended...

Making Total Loss Regulations Easier

Total Loss regulations vary from state to state. And while we have put together an easy to use guide, interpretation of the various regulations can still be a challenge. Regulations typically include information on valuation methods, total loss thresholds, salvage and...