GEICO announced that Christopher Stevens’s auto insurance purchase on his smartphone propelled the company to the 14 million policies-in-force milestone. The Hixson, Tenn., native purchased the record-breaking policy after buying a new car the day before Valentine’s Day. GEICO is the second largest private passenger auto insurer in the U.S. according to 2015 market share […]
Collision Repair Education Foundation Announces 2016 Trustees
The Collision Repair Education Foundation announced its 2016 Board of Trustees and Executive Committee. The Education Foundation is honored to have the following representatives on the Executive Committee: Chair: Stacy Bartnik, ITW Evercoat Vice Chair: Russ Hoffbauer, State Farm Insurance Treasurer: Jeanne Silver, CARSTAR Mundelein Secretary: Mary Mahoney, Enterprise Holdings, Inc. Trustee-at-Large: Tim Adelmann, ABRA […]
CIECA Monday Webinar Features Scheduling Best Practices
The Collision Industry Electronic Commerce Association (CIECA) will present a webinar this Monday, April 4, at 1 p.m. EDT (noon CDT) featuring Mike Anderson who will speak about scheduling best practices in the repair facility and CIECA standards. Due to the unpredictable nature of work, the number of variables, the type of job, and many […]
CARSTAR Express Tecumseh Road West Opens in Windsor, Ontario
CARSTAR Canada announced that its newest Express store, CARSTAR Express Tecumseh Road West, is officially open. The facility is located at 1474 Tecumseh Road West in Windsor, Ontario, Canada and is owned and operated by multi-CARSTAR store owners Dennis Carlini and David Carlini. “Dennis and David have been part of the CARSTAR family for over […]
California Department of Insurance Proposes New Labor Rate and Anti-Steering Regulations
Proposed regulations seek to improve the accuracy and transparency of collision repair labor rate surveys, clarify anti-steering requirements for insurers. In early March, the California Department of Insurance published proposed regulations to change the requirements for labor rate surveys conduct across collision repair facilities as well as amendments to anti-steering regulations. The California Autobody Association […]
Wesco Acquires St. Anthony Group
The Wesco Group Inc. announced the acquisition of St. Anthony’s Supply’s warehouse and six jobber stores, located throughout the state of Idaho and Utah. According to Roger Howe of the Wesco Group, “This will strengthen our commitment to these two markets and bring substantial synergies allowing Wesco to better serve our customers in both markets. […]
Driven Brands Acquires 65-Location Oil Change Chain
Driven Brands, a portfolio company of Roark Capital and parent of CARSTAR, announced that its affiliate has acquired Louisiana-based Take 5 Oil Change from Trivest Partners, L.P. Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. Trivest acquired Take 5 from the company’s founder in […]
GEICO Sponsors Safety Training for Collision Repair Schools
S/P2 announced that GEICO has sponsored three modules in the S/P2 Collision program for career technical schools and students across North America. “GEICO sets the bar. They truly walk-the-walk when it comes to safety and pollution prevention,” said S/P2 President, Kyle Holt. “We’re proud to work with GEICO and all the companies that sponsor S/P2 […]
SCA Appraisal Appoints Two Field Operation Directors
SCA Appraisal Company announced that Rob Huebner and Mark Bewley have joined the Field Operations division, responsible for ensuring insurance customer expectations are met by the field network. Huebner will direct the Ohio Valley region and Bewley the Southwest region to bring total Field Operations team to eight under leadership of David Oyler, Vice President […]
Moody’s Sees Short Term Gain, Long Term Challenge for Auto Insurers from Self-Driving Cars
A new report from Moody’s Investors Service says that accident avoidance features in vehicles, such as automatic braking, adaptive cruise control, and lane departure prevention will lead to lower accident frequency in the next five-to-ten years, a benefit for auto insurers. Longer term, however, self-driving cars could translate into significantly lower premiums and profits for […]