Property damage and collision claim frequencies rose in the 2% to 4% range through the first nine months of 2026, while severity on those coverages increased in the 0% to 3% range. GEICO’s pre-tax underwriting earnings fell to $982 million in the third quarter of 2026, down $791 million, or 44.6%, from $1.773 billion in […]
Crash Champions Enters Rhode Island with Acquisition
Cranston collision repair facility was part of Tasca Automotive Group’s New England division. Crash Champions has acquired AutoPaint RI, a collision repair facility at 47 Stamp Farm Road in Cranston, Rhode Island, extending the Chicago-based multiple shop operator into what the company said is its 39th state. The I-CAR Gold Class facility, which previously operated […]
Salvatore Abbate Takes Over as LKQ CEO Ahead of Schedule
The former Veritiv chief joined LKQ’s board and ended the interim office of the CEO more than five weeks before his planned start. Salvatore A. “Sal” Abbate became president and CEO of LKQ Corporation (NASDAQ: LKQ) and joined its board of directors Nov. 9, moving up the Dec. 15 start date the company announced Oct. […]
NABC Opens Registration for Jan. 19 Palm Springs Golf Fundraiser
The National Auto Body Council has opened registration for its Palm Springs Changing and Saving Lives Golf Fundraiser, presented by Enterprise, which will be held Jan. 19, 2027, at Desert Willow Golf Resort in Palm Desert, California. Proceeds will go through the NABC’s Changing and Saving Lives Foundation, a 501(c)(3) organization, to programs serving families […]
European Commission Approves AkzoNobel-Axalta Merger With Sale of European Refinish Business
The merger cannot close until the Commission approves a buyer, which must already be active in coatings or a related industry. The European Commission has approved the all-stock merger of equals between AkzoNobel N.V. and Axalta Coating Systems Ltd. on the condition that AkzoNobel sell its European vehicle refinish business, the companies announced Nov. 6. […]
OEC Launches AI Repair Planning Tools and Unified Parts Search, Completes epyx Acquisition
The RepairLogic assistant drafts OEM-sourced repair plans, while the U.K. acquisition adds a fleet repair-authorization network. OEConnection LLC (OEC) introduced three artificial intelligence tools Nov. 2, led by an assistant in its RepairLogic software that drafts collision repair plans from OEM repair procedures. The same day, the company launched a parts marketplace that puts OEM […]
Consumer Sentiment Rises 6.3% to Three-Month High in Preliminary November Reading
Gains were concentrated among independents as complaints about high prices reached their highest level since May. Consumer sentiment rose 6.3% in the preliminary November reading from the University of Michigan Surveys of Consumers, with the Index of Consumer Sentiment climbing to 51.0 from 48.0 in October, its highest level since August. The reading was unchanged […]
ABPA Opens Registration for 2027 Conference, Names CBP and Industry Speakers
Two U.S. Customs and Border Protection officials head a lineup that also includes CAPA, CCC and PartsTrader speakers. The Automotive Body Parts Association (ABPA) announced Nov. 3 that registration is open for its 2027 Annual Business Conference, set for May 3-5 at the Hyatt Regency San Antonio Riverwalk in San Antonio, and released an initial […]
Seven Las Vegas Veterans and Families Receive Vehicles Through NABC Recycled Rides
Vehicles donated by insurers and Enterprise and refurbished by collision repair facilities were presented at the council’s SEMA celebration. The National Auto Body Council (NABC) presented seven refurbished vehicles to two veterans, a Las Vegas Police Department cadet and four other Las Vegas-area families in need Nov. 2 at its annual SEMA celebration, held in […]
Mitchell Plans to Link Tractable’s LumaScanner to Intelligent Estimating
The proposed exclusive agreement would turn a drive-through vehicle scan into a preliminary estimate for collision repair facilities. Mitchell plans to connect Tractable’s LumaScanner automated vehicle inspection system to Mitchell Intelligent Estimating under a proposed exclusive agreement aimed at collision repair intake, Mitchell announced Nov. 4. The integration is intended for MSOs and independent collision […]
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