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Archives for 2023

Collision Claims Were Up Just Over 1% in Third Quarter Compared to 2021

January 20, 2023 By CollisionWeek Editor

Claims in the third quarter of 2022 remain below pre-pandemic levels. Losses were up 38% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses in the third quarter of 2022 continued to rebound, but comparisons to pre-pandemic levels declined. Losses, however, […]

Filed Under: Research Tagged With: Claim Frequency, Claim Severity, Claims, Losses

PPG Reports Record $17.7 Billion Sales in 2022

January 20, 2023 By CollisionWeek Editor

Reports U.S. body shop activity continues to be robust. PPG (NYSE:PPG) yesterday reported net sales of $4.2 billion for the fourth quarter, up 5% in constant currencies driven by higher selling prices. Full year sales were approximately $17.7 billion, aided by 8% organic growth. Net sales were higher by 10% in constant currencies, including selling […]

Filed Under: News Tagged With: Earnings, PPG Industries

AASP Announces 2023-24 Executive Committee

January 20, 2023 By CollisionWeek Editor

The Alliance of Automotive Service Providers elected its Executive Committee for 2023-24 during its Board of Directors meeting in Las Vegas during November.  Dan Sjolseth, owner of Superior Service Center/St. Paul Automotive (Eagan/Apple Valley/St. Paul, Minnesota), accepted the gavel and will serve as president of the AASP National Board. Sjolseth has represented Minnesota on the […]

Filed Under: News Tagged With: Alliance of Automotive Service Providers, Board of Directors, People

ASE Education Foundation Names New Officers, Board

January 20, 2023 By CollisionWeek Editor

The ASE Education Foundation announced the officers for its 2023 board of directors. The officers and board members were elected during the foundation’s recent meeting held in San Diego. The new chair of the ASE Education Foundation is Trey Michael, director CTE and career pathways, North Carolina Department of Public Instruction. Serving as vice chair […]

Filed Under: News Tagged With: ASE Education Foundation, Board of Directors, People

AIA Canada Seeks Nominations for Board of Directors

January 20, 2023 By CollisionWeek Editor

The Automotive Industries Association of Canada is accepting applications and nominations for individuals to be considered for its 2023 Board of Directors. AIA Canada’s Board of Directors plays an important role in keeping the Association focused on fulfilling its mandate to its members and to the Canadian auto care sector. Each year, members are asked […]

Filed Under: News Tagged With: Automotive Industries Association of Canada, Board of Directors, Canada

Allstate Projects Auto Insurance Rate Increases Will Raise Written Premiums Nearly 17%

January 19, 2023 By CollisionWeek Editor

Auto claims frequency continues to increase but remains below 2019 levels. The Allstate Corporation (NYSE: ALL) announced preliminary results for the fourth quarter of 2022, with an estimated net loss between $285 million and $335 million and estimated adjusted net loss between $335 million and $385 million. Premiums written increased 11.4% from fourth quarter of […]

Filed Under: News Tagged With: Allstate, Claim Frequency, Claim Severity, Premiums

NTSB Report Finds Alcohol and Cannabis Are Primary Drugs Detected in Impaired Drivers

January 19, 2023 By CollisionWeek Editor

Actions from federal and state agencies are needed to address the continuing problem of impaired driving, including from alcohol, cannabis and multiple drug use the National Transportation Safety Board said in a new report. In the Board-approved safety research report, the agency examined the crash risk associated with different drugs — including alcohol, cannabis, prescription, […]

Filed Under: News Tagged With: Impaired Driving, Marijuana Legalization, National Transportation Safety Board

WyoTech Needs Instructors Following $16 Million Expansion

January 19, 2023 By CollisionWeek Editor

WyoTech, the automotive, diesel, and collision trade school, announced it is seeking new instructors following the construction of a new $16 million, 90,000-square-foot expansion to its Laramie, Wyoming, campus. Completed in November 2022, the expansion allows the school to increase its capacity to 1,200 students. Between 2018 and 2021, enrollment at WyoTech increased by 2,300%, […]

Filed Under: News Tagged With: Career and Technical Education, Wyoming, Wyotech

ASE January 24 Technician Webinar Examines Best Practices with OE Collision Information

January 19, 2023 By CollisionWeek Editor

The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for technicians on Tuesday, January 24 at 4:00 p.m. (EST) entitled Best Practices with OE Collision Information. More information and registration for the ASE January 24 webinar is available online. During the webinar, Rhett Holland of Alldata will explore the best practices […]

Filed Under: News Tagged With: ASE, OEM Repair Procedures, Webinars

UK’s National Body Repair Association Urges Government to Support Motorists Enduring Long Waits for Vehicle Repairs Due to Insurer Restrictions

January 19, 2023 By CollisionWeek Editor

The National Body Repair Association (NBRA) in the U.K. has written to the Secretary of State on January 16, urging government support to motorists who must endure exceptional waiting times for vehicles to be repaired. Chris Weeks, NBRA’s executive director, said, “The strike action and rising costs of the national transport system are causing more […]

Filed Under: News Tagged With: Cycle Time, National Body Repair Association, United Kingdom

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