Interactive website provides state level view of insurance costs and market conditions. The Insurance Information Institute (Triple-I) launched an interactive Insurance Affordability Index Sept. 2 that measures personal auto and homeowners insurance costs against median household income in every state, with data running through 2025. Nationally, the index puts personal auto insurance at 1.7% of […]
Classic Collision CEO Anderson Named Master of Ceremonies for November 2 MSO Symposium
Brad Anderson, chief executive officer of Classic Collision, will serve as master of ceremonies at the 15th annual MSO Symposium on Nov. 2 in Las Vegas. The Automotive Service Association hosts the one-day conference, which takes place ahead of the SEMA and AAPEX trade shows. Anderson took the top job at Classic Collision on June […]
Pennsylvania Attorney General Files Contempt Petition Against Philadelphia Towing Companies
Pennsylvania Attorney General Dave Sunday announced Sept. 3 that his office’s Bureau of Consumer Protection has filed a contempt petition against a group of Philadelphia towing companies, alleging they breached a 2022 court order by continuing to tow vehicles from areas that were not clearly marked and to charge excessive fees. The petition seeks monetary […]
Lemonade Launches Both Car and Autonomous Car Insurance in Missouri
Lemonade Inc. (NYSE: LMND) said Sept. 2 that it has launched its Lemonade Car auto insurance product in Missouri and, on the same day, its Autonomous Car product, which gives Tesla owners in the state 50% off every mile driven using Full Self-Driving (Supervised). “Missouri drivers are getting Lemonade Car and Lemonade Autonomous Car at […]
Florida Policyholders Paid Nearly $3 Billion Less in 2025, APCIA-Commissioned Study Finds
Florida homeowners and personal auto policyholders paid nearly $3 billion less for coverage in 2025 than they did a year earlier, according to an actuarial study commissioned by the American Property Casualty Insurance Association (APCIA) released Sept. 2 that credits the state’s 2022 and 2023 legal system reforms for the decline. The sharpest reductions the […]
VIVE Collision Reaches 80 Locations with Pennsylvania Acquisition
Acquires first facility in Pittsburgh market. VIVE Collision has acquired Joe DiIorio Auto Body in Homestead, Pa., a deal announced Sept. 2 that brings the Northeast multiple shop operator to 80 locations and gives it its first collision repair facility in the greater Pittsburgh market. Joe DiIorio Auto Body has operated as a family-owned business […]
CAPA Donates $100,000 to Collision Engineering Career Alliance
The Certified Automotive Parts Association has donated $100,000 to the Collision Engineering Career Alliance, the nonprofit that runs a two-year collision repair technician apprenticeship program at seven community colleges, the alliance said. “Supporting Collision Engineering means shaping tomorrow’s workforce and contributing to the health of our industry,” said Gerry Poirier, CAPA board chair. “We are […]
Root Cuts Florida Auto Insurance Base Rates 15% for 52,000 Policyholders
Root Inc. (NASDAQ: ROOT) has cut base auto insurance rates in Florida by 15%, a reduction the Columbus, Ohio-based telematics insurer said Aug. 27 will lower premiums for nearly all of the more than 52,000 policyholders it covers in the state. Eligible customers will save about $400 a year on average, or roughly $21 million […]
AkzoNobel and Axalta Name Final Three Directors to Combined Company Board
AkzoNobel and Axalta Coating Systems have named the last three directors of the board that will govern the company the two are merging to create, completing an 11-member slate more than three months before the transaction is expected to close. Stephan B. Tanda, Denise C. Johnson and Robert Schuchna have agreed to serve as non-executive […]
Consumer Sentiment Falls 6% in Final August Reading, Ending Two-Month Rebound
Index revised up from the preliminary figure but 11% below a year ago as inflation and gas-price worries persist. Consumer sentiment fell 6.3% in August in the final reading from the University of Michigan Surveys of Consumers, with the Index of Consumer Sentiment landing at 51.7, down from 55.2 in July and 11.2% below the […]
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