Faster Lienholder Payments: One Inc and Copart Lead the Way in Automotive Claims Innovation
Copart, Inc. (CPRT)
Last copart, inc. earnings: 2/19 05:55 pm
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Source: Business Wire
ClaimsPay® integration accelerates lienholder payments, enhancing carrier efficiency and customer satisfaction LAS VEGAS--(BUSINESS WIRE)--From the floor at ITC Vegas 2025, One Inc, the leading digital payments network for the insurance industry, today announced a groundbreaking collaboration with Copart, Inc. (NASDAQ: CPRT), the global leader in online vehicle auctions, to both modernize and expedite lienholder payments for total loss vehicle claims. This collaboration integrates One Inc’s ClaimsPay® platform with Copart’s Title Express and Loan Payoff system, delivering faster, more accurate payments to lienholders while improving the claims experience for insurance carriers and their customers.Vehicles are declared a total loss in over 20% of accidents, according to Axios. The process requires payoffs totaling tens of billions in auto loans annually from insurance companies to banks and other auto lenders. The rapid disbursement of lienholder payments dramatically improves the e
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CPRT
News
- Copart, Inc. (CPRT): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Baird Cuts Copart (CPRT) PT to 52 Due to Persistent Insurance Industry Headwinds [Yahoo! Finance]Yahoo! Finance
- Copart (NASDAQ:CPRT) had its price target lowered by analysts at JPMorgan Chase & Co. from $50.00 to $45.00. They now have a "neutral" rating on the stock.MarketBeat
- Copart (NASDAQ:CPRT) had its price target lowered by analysts at Robert W. Baird from $55.00 to $52.00. They now have an "outperform" rating on the stock.MarketBeat
- Copart (NASDAQ:CPRT) had its "underweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
CPRT
Earnings
- 11/20/25 - Beat
CPRT
Sec Filings
- 11/25/25 - Form 4
- 11/25/25 - Form 144
- 11/24/25 - Form 10-Q
- CPRT's page on the SEC website