Something sounds dodgey, I can see from the Insurance companies point of view its an aftermarket part etc etc Who installed it?
Did you notice the oil pressure dropping on the gauge or it not working? Did you see anything that could have possibly cut it in the engine bay because of where it is?
Otherwise the panel beaters probably did something, but good luck proving that, panel beaters have a tendency to cut things to get them out of the way then neglect to remember they cut them later then deny all knowledge
For some actual info on HKS products you can call Mark Scully at Beyond Performance www.beyond2.co.nz last time I checked he was selling a lot of HKS gear and also Soichi Tate at ST Hi-tec also sells a lot of HKS, Believe both these guys are official NZ distributers or becomming them.