Carlsbad, CA  September 17,2010- National and local accolades continue to grow for Carlsbad based AutoClaims Direct. The firm was named by the San Diego Business Journal as the 16th Fastest-Growing Private Company in San Diego County.  The gala event was held at the Westgate Hotel in downtown San Diego Thursday evening.

According to audited financial statements, AutoClaims Direct’s revenue has grown over 142.69% from 2007 to 2009. Just last month, AutoClaims Direct was also named to Inc. Magazine’s list of Fastest-Growing Private Companies in America for the second consecutive year with a four-year growth rate of 306%.

AutoClaims Direct’s CEO Ernie Bray stated, ” I’m very proud of our firms accomplishments especially in light of  the national economic climate. Receiving recognition as a leader both locally as well as nationally is great honor. The key to our success has been innovative technology solutions combined with sound fiscal planning. We have created the most user-friendly, interactive and advanced claims management solution in the industry which allows insurers to effectively manage the entire claims process while reducing costs.”

Bray went on to add, “I am a big proponent of small business and want to congratulate all of the other firms who made the list. Our economy will recover must faster when elected officials realize that it’s the power of small business that drives our economic engine.”

Armon Mills, the publisher of the San Diego Business Journal stated the 100 companies spotlighted here reflect the high energy and intense focus of the local business community. It’s an honor to be so recognized.

About Autoclaims Direct

AutoClaims Direct is a leading claims technology and business services firm to the property and casualty sector. The firm provides claims management solutions specializing in auto and homeowners insurance.  Services provided include software solutions, nationwide auto damage appraising, adjusting services and unified business process management. Visit AutoClaims Direct at www.autoclaimsdirect.com

The parts usage stats on files processed through AutoClaims Direct’s Directlink

CEO of Horace Mann which sells auto insurance to school employees is serving 60 days in jail for a DUI. Click here for the story.

This article discusses how electronic payment of claims will save the costs associated with paper checks. Click here for the full article we found.

In an article we found, Liberty Mutual Agency filed to raise 1.22 billion for an IPO. Click here for the story.

Here’s the 2010 Data on average loss severity for all “property claims” handled through AutoClaims Direct’s  ( American Property Claims ) Division.

Here’s some key provisions.  Click here for the full link.

This bill would define and redefine "crash part," "aftermarket
crash part," and "original equipment manufacturer crash part," for
purposes of the act and the motor vehicle replacement part
provisions.
    The bill would specify that an automotive repair dealer who
prepares a written estimate that includes replacement of a deployed
airbag and who fails to repair and fully restore the airbag where the
consumer has paid for the repair, as specified, is guilty of a
misdemeanor punishable by a fine, imprisonment, or both.
   The bill would require the invoice for work done by an automotive
repair dealer to describe all service work done, parts supplied, and
crash parts installed. The bill would make a statement of legislative
intent regarding this requirement.