Faces minimum statutory penalty of five years in prison. A Las Vegas man pleaded guilty on Feb. 24 to using a firearm and Molotov cocktails to destroy and damage vehicles and property at a Tesla Collision center in March 2025. According to court documents filed in the U.S. District Court for the District of Nevada, […]
Salvato Auctions Expanding into Mid-Atlantic, Southeast Markets
Salvato Auctions announced Feb. 25 it will expand operations into the Mid-Atlantic and Southeast regions of the United States, with a launch planned for the second quarter of 2026. The company said the expansion will introduce its insurance vehicle auction services to Georgia, Virginia, Maryland, North Carolina, South Carolina, Tennessee and other neighboring states based […]
CIF’s 15th ‘Cocktails for a Cause’ Sets Attendance Record
The Collision Industry Foundation reported record attendance at its 15th annual “Cocktails for a Cause” charity event in January, with more than 200 industry members gathering at the CASCADE Lounge of the Agua Caliente Casino in Palm Springs, Calif. The event featured a live auction that included a NASCAR Brickyard 400 package, an Oregon Wine […]
Allianz UK Network Manager Appointed to Plasnomic’s Plastic Repair Alliance Council
Plasnomic announced Feb. 24 the appointment of Michael Golding, network manager for Allianz UK, to the Plastic Repair Alliance Council. “Michael’s appointment signals the level of collaborative work Plasnomic is undertaking with collision repairers, supply partners, training organizations, and insurers across the UK and EU markets,” said Mario Dimovski, head of the Plasnomic Council. “Having […]
South Dakota House Committee to Hear Bill Setting 75% Total Loss Threshold
Insurance trade group opposes measure that passed Senate 27-6 The South Dakota House Transportation Committee is scheduled to hear Senate Bill 227 on today, a measure that would prohibit insurers from declaring a vehicle a total loss unless repair costs reach at least 75% of its pre-damage value. The bill, introduced by Sen. Steve Kolbeck, […]
Louisiana Auto Insurance Rates Fell 5.8% in 2025 as Accident Frequency Declined
Private passenger auto insurance premiums in Louisiana dropped by an average of 5.8% in 2025, reversing several years of consecutive rate increases, according to new market impact data from the Louisiana Department of Insurance (LDI). The decline represents a statewide premium reduction of more than $344 million compared to the prior year. The LDI attributed […]
Florida Announces Arrest of Insurance Agent for Fraudulent Tow Truck Policy Scheme
Florida Chief Financial Officer Blaise Ingoglia announced the arrest of a licensed insurance agent and an unlicensed individual for selling fraudulent commercial insurance policies for tow trucks in Miami-Dade County. Javier Gonzalez Jr., a licensed insurance agent, and Aliba Lamas Alvarez were arrested Feb. 5 by the Department of Financial Services Criminal Investigation Division. Investigators […]
U.S. Traffic Deaths Fell 12% in 2025 According to NSC Estimates
Preliminary data from the National Safety Council (NSC) estimates 37,810 motor vehicle crash deaths in the United States in 2025, a 12% decrease from 2024 despite a 0.9% increase in overall miles driven. Nine states and the District of Columbia saw decreases of more than 15%. D.C. led the nation with a 52% decline, followed […]
Volvo Car UK Renews Three-Year Paint Partnership with BASF Coatings
Volvo Car UK announced Feb. 23 it has renewed its partnership with BASF Coatings UK Ltd for three years, continuing BASF’s role as the preferred paint coatings supplier for the Volvo Car UK Approved Bodyshop Network. Under the agreement, BASF will supply Volvo’s 78 approved body repair centres across the UK with its Glasurit and […]
Consumer Sentiment Up Slightly in February
Sentiment remains significantly below year ago levels. Consumer sentiment stagnated this month with very little change, just 0.2 index points higher than January, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 56.6 in the February 2026 survey, up 0.4% from 56.4 in January, but the index remains 12.5% […]
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