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Battery Electric Vehicle Collision Claims Continue to Rise Despite Sales Slowdown

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Claims frequency for repairable battery electric vehicles has jumped 45% in the U.S. and 39% in Canada year-over-year while increasing more gradually for hybrids.

SAN DIEGO, Aug. 15, 2024 /PRNewswire/ — Mitchell, an Enlyte company and leading technology and information provider for the Property & Casualty (P&C) claims and Collision Repair industries, today published its Q2 2024 Plugged-In: EV Collision Insights report. This edition features the latest U.S. and Canadian claims data on battery electric vehicles (BEVs), mild hybrid electric vehicles (MHEVs) and plug-in hybrid electric vehicles (PHEVs)—highlighting how differences in their complexity and construction are affecting claim costs and repair operations.

“Although BEV sales have slowed in 2024, sales of mild and plug-in hybrid automobiles remain strong,” said Ryan Mandell, Mitchell’s director of claims performance. “Like BEVs, these vehicles can be costlier to repair after a collision when compared to their internal combustion engine, or ICE, counterparts. However, with both an ICE and small electric battery, mild hybrids are remarkably similar to gasoline-only powered automobiles when it comes to claims severity.”

In Q2 2024, average claims severity for repairable MHEVs was $4,726 in the U.S. and $5,302 in Canada. For vehicles with an ICE, it was $4,806 in the U.S. and $4,958 in Canada, a difference of $80 and $344, respectively. Since PHEVs rely on a larger, high-voltage battery in addition to a secondary ICE, their average severity is more closely aligned to BEVs at $5,059 versus $5,753 in the U.S. and $5,665 versus $6,534 in Canada.

Other notable findings in this quarter’s report include:

Total Loss Frequency: The total loss frequency of BEVs and 2021 and newer gasoline-powered vehicles—which are comparable in their complexity and cost to repair—remains similar at 9.16% for BEVs in the U.S. versus 9.45% for ICE automobiles and 7.24% versus 8.52% respectively in Canada.Repair Operations: Although BEV collision-damage estimates have a higher average number of mechanical labor hours than ICE appraisals (5.21% compared to 8.18%), they are less likely to include frame labor. Frame labor is added when technicians use a hydraulic frame machine to straighten both full ladder frame components and unibody structures. The lack of this labor type on BEV estimates could mean that their design is more effective at preventing crash energy from damaging the vehicle’s structural components.Parts Utilization: OEM parts continue to be used more frequently in the repair of BEVs, with 89% of the parts dollars on estimates for repairable BEVs being OEM parts as compared to 65% for ICE automobiles.

To download the Q2 2024 report, visit the Mitchell website. You can also subscribe to future issues or find previous reports online at www.mitchell.com/plugged-in.

About Mitchell International
Headquartered in San Diego, Calif., Mitchell International, Inc. delivers smart technology solutions and services to the auto insurance, collision repair, disability and workers’ compensation industries. Through deep industry expertise, connections throughout the insurance ecosystem and advanced technology such as artificial intelligence and cloud-based solutions, Mitchell helps its customers and clients succeed in today’s ever-changing environment. Each month, Mitchell processes tens of millions of transactions for more than 300 insurance providers, 20,000 collision repair facilities and 70,000 pharmacies. Its comprehensive solution and service portfolio empowers clients to restore lives after a challenging event.

Mitchell, Genex and Coventry have aligned their joint industry expertise and advanced technology solutions to form Enlyte, a parent brand with nearly 6,000 associates committed to simplifying and optimizing property, casualty and disability claims processes and services.

For collision repair and property and casualty updates and perspectives, follow us on LinkedIn or X (@MitchellRepair and @MitchellClaims).

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The Cotocon Group Is Helping NYC Building Owners Navigate What Comes After Local Law 97 Filing Season

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Ten days past the May 1 deadline, The Cotocon Group is working with building owners, property managers, and co-op and condo boards across New York City to assess what was filed, identify exposure, and build a compliance strategy that goes beyond the annual report.

NEW YORK, May 11, 2026 /PRNewswire/ — The Cotocon Group, New York City’s leading building compliance and sustainability consulting firm, is actively helping property owners across the five boroughs address what happens after Local Law 97 filing season ends. With the May 1 reporting deadline now ten days behind the industry, The Cotocon Group has seen firsthand that the work of compliance is far from over — for many buildings, it is just beginning.

What The Cotocon Group Is Seeing on the Ground

In the days following the May 1 deadline, The Cotocon Group has been conducting post-filing reviews for clients across New York City and identifying a consistent pattern: buildings that filed on time are discovering that what was submitted does not always reflect the full picture. Inaccurate energy data, mismatched benchmarking figures, incorrect emissions factors, and compliance pathways that do not align with a building’s actual emissions profile are among the issues The Cotocon Group’s team is actively working to resolve.

The NYC Department of Buildings has reported that approximately 93% of covered privately owned properties submitted compliance reports, while roughly 1,400 properties did not file and are now facing enforcement action. The DOB is also actively auditing submitted filings. For The Cotocon Group’s clients, that reality drives the firm’s focus: it is not enough to have filed. What was filed must be accurate, defensible, and aligned with each building’s compliance strategy going forward.

“We are in buildings right now reviewing what was submitted and finding issues that owners did not know existed. Wrong emissions factors, wrong benchmarking data and improper ownership that doesn’t match DOB records. Compliance pathways that are not up to date with the latest CBL.”
Jimmy Carchietta, Founder and CEO, The Cotocon Group

How The Cotocon Group Helps Buildings Stay Ahead

The Cotocon Group provides end-to-end compliance support for covered buildings under New York City’s suite of building energy laws. For Local Law 97 specifically, the firm’s work spans the full compliance cycle: from pre-filing data verification and emissions analysis, through BEAM, ESPM and DOB filing support, to post-filing review, audit preparation, and penalty exposure assessment.

At the center of The Cotocon Group’s compliance offering is The Carbon Shield, the firm’s proprietary technology platform. The Carbon Shield gives building owners, property managers, and boards continuous visibility into their emissions profile, compliance status, and penalty exposure — not just during filing season, but throughout the year. Rather than discovering a problem when the next deadline arrives, clients using The Carbon Shield can identify and address issues while there is still time to act.

The Cotocon Group’s Local Law 97 services include:

Post-filing review and data accuracy verificationCompliance pathway analysis and correctionPenalty exposure assessment and financial planning supportBEAM and DOB filing supportDOB audit preparation and documentation reviewYear-round emissions monitoring through The Carbon Shield

“The Carbon Shield was built because we saw that building owners needed more than a filing service. They needed a way to understand their compliance position at any point during the year, not just in May. Local Law 97 is a permanent part of owning a building in New York City. Our job is to make sure our clients are never surprised by it.”
— Jimmy Carchietta, Founder and CEO, The Cotocon Group

Who The Cotocon Group Works With

The Cotocon Group works with a broad range of clients across New York City’s real estate landscape, including individual building owners, large property management companies, co-op and condo boards, commercial landlords, and institutional asset managers. The firm’s team brings deep technical expertise in building systems, energy data, and New York City regulatory requirements — giving clients both the analytical foundation and the practical guidance needed to steer through an increasingly complex compliance environment.

Building owners and managers looking to assess their current Local Law 97 compliance position, review a recent filing, or begin planning for the next reporting cycle are encouraged to contact The Cotocon Group now. The period immediately following a filing deadline is one of the firm’s busiest and most productive — because it is when the most meaningful compliance work can be done.

“We tell every client the same thing: the best time to call us is before the deadline. The second-best time is right now. There is real work to do in this window, and the buildings that do it will be in a financially stronger position when the next reporting cycle begins.”
— Jimmy Carchietta, Founder and CEO, The Cotocon Group

About The Cotocon Group

The Cotocon Group is a New York-based building compliance, energy, and sustainability consulting firm helping property owners, managers, co-op and condo boards, and facility teams comply with New York City’s building energy laws. The company provides support for Local Law 84 benchmarking, Local Law 87 energy audits and retro-commissioning, Local Law 88 lighting and submetering requirements, Local Law 95 energy grade posting, and Local Law 97 emissions compliance.

Through its technical expertise, compliance strategy, and technology platform — The Carbon Shield — The Cotocon Group helps buildings understand their current compliance position, reduce exposure to penalties, and plan for long-term asset protection. To schedule a Local Law 97 status review, contact The Cotocon Group at (212) 889-6566 or visit www.thecotocongroup.com

Media Contact
The Cotocon Group
Email: media@thecotocongroup.com
Phone: (212) 889-6566
Website: www.thecotocongroup.com 

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Global adtech player GumGum expands into France with its innovative Mindset Graph™ technology

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The company aims to expand in France with an offering powered by its proprietary technology, the Mindset Graph. This innovative approach, based on understanding consumer mindset, enables highly effective ad targeting and performance.

SANTA MONICA, Calif., May 11, 2026 /PRNewswire-PRWeb/ — GumGum, founded in California in 2008 and operating in 19 markets worldwide, is opening a new office in Paris. The company aims to expand in France with an offering powered by its proprietary technology, the Mindset Graph. This innovative approach, based on understanding consumer mindset, enables highly effective ad targeting and performance. GumGum already has a strong client base in France, along with an established network of publishers and agency partners.

Founded in 2008 in Santa Monica, GumGum is now considered one of the leading global SSPs. Following its international expansion, the company is strengthening its presence with a dedicated Paris office.

Originally focused on contextual digital advertising, GumGum has gained a competitive edge with the launch of its proprietary “Mindset Graph” technology in 2024. Continuously enhanced by AI, this solution identifies a user’s mindset in real time and determines the optimal moment to deliver an ad across multiple digital channels, including mobile, desktop, and CTV.

“Our mindset is constantly evolving,” said Jeremy Pacome, Commercial Director, Benelux & France at GumGum. “Throughout a single day, we move between different roles and levels of engagement. It’s this continuous shift that the Mindset Graph allows us to capture and understand.”

To achieve this, the platform analyzes millions of signals generated by users’ digital interactions, including, but not limited to, the content they consume, the attention paid to each message, the time of day, and the context of consumption. These signals can be enriched with advertisers’ first-party data, anonymized insights derived from campaigns across more than 10,000 brands, seasonal and cultural trends, and publisher data.

The Mindset Graph: the only solution that ingests, structures, and connects millions of signals in real time to drive impression-level activation

“Most adtech platforms analyze these signals separately,” added Jeremy Pacome. “With the Mindset Graph, we bring them together to reconstruct a complete view of a given moment. This allows us to determine the optimal timing for each ad impression and predict its impact for the advertiser.”

This model has already demonstrated strong performance, with GumGum serving over 3,000 brands, partnering with 40,000 publishers, and delivering more than 500 billion impressions per month.

Backed by leading investors such as Goldman Sachs Growth/Springcoast Capital Partners, Morgan Stanley Expansion Capital, and Upfront Ventures, GumGum has raised more than $130 million since its founding, including a $75 million investment from Goldman Sachs in 2021.

A strong existing footprint in France

GumGum already has a solid presence in France, having delivered campaigns for global brands such as Boucheron, IBM, Adidas, Dell, and Nike. The company also partners with the top 5 global agencies operating in France, and has built a strong network of premium publishers, including Le Monde, La Tribune, Radio France, Le Figaro, and Challenges.

To accelerate its growth, GumGum will focus on three key solutions, all powered by the Mindset Graph:

GumGum Outcomes, which measures the impact of ad exposure on business outcomesAttentive Lift, which measures the correlation between attention and brand performanceCTV, with standard 15- and 30-second video formats activated directly through the platform to simplify campaign delivery and optimization

“We’re entering France with strong ambitions,” stated Jeremy Pacome. “We’re actively expanding our Mindset Graph measurement and optimization capabilities so that every campaign we run doesn’t just perform better individually, but makes our entire system smarter over time. For French advertisers, that means smarter media planning, more effective decisioning, and performance that strengthens over time. We’re excited to get started.”

About GumGum

GumGum is The Mindset Company™ transforming advertising. We deliver results by matching brands with people in the right mindset, in the moments that matter.

Powered by the Mindset Graph™, our AI-driven data engine processes billions of real-time contextual, creative, environmental, and historical signals to match every ad with the most receptive audience. The result is advertising that drives meaningful outcomes for advertisers and publishers, and is more relevant for consumers.

Founded in 2008 and headquartered in Santa Monica. GumGum operates in over 19 markets across North America, Europe, Japan, and Australia.

Media Contact
Kayla Smalls, GumGum, 1 9179994629, kayla.smalls@gumgum.com, GumGum

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Docusign Announces Agentic Contract Workflows for In-House Legal Teams

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Docusign agents triage, review, and move agreements forward across its Intelligent Agreement Management platform, solving business problems in the way point products cannot

SAN FRANCISCO, May 11, 2026 /PRNewswire/ — Docusign (NASDAQ: DOCU) today announced a new set of AI-powered capabilities and strategic partnerships designed to help in-house legal teams drive progress for their companies while enjoying cutting edge AI-based legal tools. With the introduction of a contract assistant and agents, Docusign is expanding its Intelligent Agreement Management (IAM) platform — the only platform with total context of your agreement history and relationships — to serve as the system of action for legal professionals and the teams they support.

Every business runs on agreements, but in many organizations that work is still scattered across emails, PDFs, and disconnected tools. As a result, contract data is locked inside static documents, disconnected from where work happens. Legal teams are forced to manually search for insights inside contracts and painfully coordinate next steps across teams like sales, procurement, HR, and finance.

Docusign IAM brings the entire agreement lifecycle into one platform – from creation and approvals to negotiation, execution, and management – transforming agreements into strategic assets that drive business decisions. With agents grounded in real agreement context, teams can analyze, redline, and take action, whether through a chat experience or automation running in the background.

“Legal teams aren’t just reviewing contracts, they’re helping businesses move forward,” said Allan Thygesen, CEO of Docusign. “What Docusign brings to legal AI is dynamic context across agreements, combined with intelligent workflows, that know how to act on that context. That’s what allows teams to work faster, reduce risk, and focus on more strategic work.”

Docusign Iris assistant and agents for end-to-end agreement workflows
With a new assistant and agents powered by Iris, Docusign’s agreement-tuned AI engine, businesses can now move from insight to execution. The agents can triage, review, and move agreements to closing – using the full context of past negotiations, accepted terms, and company policies to recommend and take the next steps across the workflow. Legal teams will be able to:

Analyze, redline, and collaborate on agreements through an intelligent, context-aware conversational AI experience that grounds answers with citations.Use agents to automate agreement processes by invoking them from chat or deploying them to run autonomously in the background 24/7.Leverage an agentic engine grounded in real agreement context including past negotiations, positions, and company policies.Build and test agents for agreement automation and standardization in a new custom workspace – Agent Studio.Automate end-to-end agreement workflows while maintaining human oversight and control where it’s needed.

Agreements are no longer static records. They actively move work forward across the business. A recent report from Deloitte* found that organizations using agentic workflows with an end-to-end agreement platform are seeing nearly 30% higher ROI than those that do not.

A connected legal AI ecosystem
Docusign is also partnering with legal AI platforms with deep domain expertise, including Harvey, Legora, and CoCounsel Legal by Thomson Reuters. Legal teams rely on specialized tools, but increasingly need those tools to more seamlessly connect with contracting workflows across sales, procurement, HR, and finance. Docusign IAM’s open platform makes this possible, bringing legal work into one connected agreement system – by integrating legal research, document analysis, and contract review into agreement workflows and business processes.

As an open platform, Docusign extends its capabilities across the enterprise through MCP – allowing leading frontier LLMs such as Anthropic Claude and OpenAI ChatGPT, and leading business applications like Microsoft Copilot, Salesforce, and Slack – to securely connect to Docusign services and manage contracts within the tools teams already use.

Modern agreement management for how legal teams work
Legal teams today expect to ask questions, get clear answers, and take action in one place, but most AI tools still sit outside the systems where agreements are created and managed. Docusign IAM closes the gap by embedding AI and agents directly into agreement workflows in a single, end-to-end platform. This makes it possible for legal teams to review, negotiate, and move agreements forward in minutes, not hours, while automatically keeping their business partners updated on progress. As Docusign evolves from e-signature to a system of record, and now to a system of action, IAM gives organizations the speed, consistency, and control to execute agreements across the entire business.

Docusign’s new Iris assistant and agents are coming soon. Join us at Momentum in New York on May 20–21 to see what’s next for agreement management, and follow Docusign on LinkedIn and Instagram for updates.

*Source: Deloitte report, “Capitalizing on AI,” 2026

About Docusign
Docusign brings agreements to life. Over 1.8 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people’s lives. With intelligent agreement management, Docusign unleashes business-critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign’s IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at www.docusign.com.

Media Contact:
Docusign Corporate Communications
media@docusign.com 

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SOURCE Docusign, Inc.

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