Higher deductibles and out-of-pocket repairs are pulling small jobs out of the insurance channel, leaving a costlier, more complex claims mix. Auto claim counts are still falling, but the claims that remain are older, costlier and more technically demanding, according to CCC Intelligent Solutions Inc.’s Crash Course 2026 Mid-Year Update, released Oct. 15. Claim frequency […]
Allstate’s Arity to Acquire Traffic Data Provider INRIX
Deal pairs Arity’s driving-behavior data with INRIX’s traffic and roadway analytics. Arity, the mobility data and analytics subsidiary of The Allstate Corp., has agreed to acquire substantially all the assets of INRIX, a transportation intelligence and mobility analytics provider based in Bellevue, Washington. The companies announced the agreement Oct. 16 and expect the transaction to […]
AASP/NJ Opens Exhibitor Registration for 50th NORTHEAST Trade Show
The March 19-21, 2027, show will add full-day mechanical sessions to an education program that also includes Spanish-language courses. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) has opened exhibitor registration for NORTHEAST 2027, the 50th year of its annual Automotive Services Show. The show is set for March 19-21, 2027, at the […]
AkzoNobel Sets Nov. 30 Extraordinary Meeting on Axanzo Name and Final Board Seats
Shareholders will vote to adopt the Axanzo N.V. name and seat three non-executive directors ahead of the Axalta merger’s expected early 2027 close. AkzoNobel N.V. (AMS: AKZA; OTCMKTS: AKZOY) will hold an extraordinary general meeting Nov. 30 at which shareholders will vote on renaming the company that emerges from its planned merger with Axalta Coating […]
Center for Automotive Research Finds Insurance Is Fastest-Growing Vehicle Ownership Cost
Automaker-sponsored affordability study ties premium growth in part to the cost of repairing ADAS-equipped vehicles. Vehicle insurance has become the fastest-growing cost of owning and operating a vehicle, driven in part by the higher cost of repairing technologically advanced vehicles, according to a white paper the Center for Automotive Research (CAR) published in October. The […]
Copart Completes $1.9 Billion Acquisition of ACV Auctions
ACV will operate as an independent Copart subsidiary under its existing leadership team. Copart, Inc. (NASDAQ: CPRT) has completed its acquisition of ACV Auctions Inc. for $10.50 per share in cash, closing the approximately $1.9 billion deal Oct. 15 after its tender offer expired with about 68.43% of ACV’s outstanding shares tendered. ACV’s stock has […]
Fix Auto UK Reaches 150 Repair Centers as Founding Franchise Partners Add Fifth Site
Stephen and Sam Smith, who joined the network in 2005, will convert a former cotton mill in Darwen, England, into Fix Auto Blackburn. Fix Auto UK has signed its 150th repair center, a former cotton mill in Darwen, England, that father-and-son franchise partners Stephen and Sam Smith will develop as their fifth location, Fix Auto […]
ADAS Assist Launches Calibration Verification Platform for Shops and Calibration Providers
ADAS Assist, an Omaha, Nebraska-based software company started by collision repair and calibration professionals, has launched a platform that reads a collision repair estimate, identifies the advanced driver assistance system (ADAS) calibrations the repair requires and links each result to the governing OEM procedure. The platform also includes a module for running a calibration business, […]
GM, Ford and Rivian Engineers to Close SCRS OEM Summit With Session on Restoring Vehicle Safety Systems
The Nov. 5 panel at the SEMA Show will examine sensors, calibration and how automakers turn engineering requirements into repair procedures. The Society of Collision Repair Specialists (SCRS) will close its 2026 OEM Collision Repair Technology Summit with a panel of General Motors, Ford Motor Company and Rivian engineers examining what it takes to restore […]
CCC Intelligent Solutions to Be Taken Private by GTCR, Elliott in $6.1 Billion Deal
Private equity firm and activist investor agree to buy the claims and repair software provider after a months-long sale process. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCC) has agreed to be acquired by a consortium of private investment firms led by GTCR and including Elliott Investment Management L.P. in an all-cash transaction with an enterprise […]
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