Kia and Hyundai vehicles experienced the highest theft rates in 2023, breaking the years-long trend of full-size pickups topping the list, according to a new report issued by the National Insurance Crime Bureau (NICB), the insurance industry’s association dedicated to preventing and prosecuting insurance crime and fraud. Social media trends highlighting how to steal these […]
State Farm to Test Mitchell Estimating in Ohio
Some of State Farm’s Select Service collision repair centers in the state will test the Mitchell platform for estimating and source parts. State Farm announced in an email May 7 to its Select Service collision repair centers in Ohio that it will begin testing the use of the Mitchell estimating platform for writing estimates and […]
Study Says One in Five Retail Vehicle Sales YTD Have Electrified Powertrain in U.S.
Urban Science, the global automotive consultancy and technology firm, released a proprietary electric vehicle (EV) sales microstudy rooted in the firm’s industry sales data, which is updated daily, delivering a science-driven overview of the EV sales landscape in the U.S. The microstudy includes detailed 2024 sales insights through April 30, for the battery electric vehicle […]
Vehicle Service Group Training Accredited by International Association for Continuing Education and Training
The Vehicle Service Group (VSG), a Dover company, announced it has received accreditation covering educational courses offered by its brands Rotary, Chief Collision Technology, Forward Lift, and Direct Lift from the International Association for Continuing Education and Training (IACET), a globally recognized standard in adult education and training. This achievement reflects VSG’s commitment to providing […]
MEMA Applauds $100 Million White House Initiative to Support Small- to Medium-Sized Vehicle Suppliers
MEMA, The Vehicle Suppliers Association (MEMA), applauds the announcement by Vice President Harris on the support of small- and medium-sized auto parts manufacturers and autoworkers. According to MEMA, through the announcement of more than $100 million in funding and a suite of strategic actions, the Administration demonstrates its commitment to strengthening the domestic auto industry […]
Allstate Reports Auto Premiums Earned Up 11% in First Quarter
Reports auto claim frequency declined on mild weather, more than offsetting higher claim costs. The Allstate Corporation (NYSE: ALL) reported total revenues of $15.3 billion in the first quarter of 2024, up 10.7%, or $1.5 billion, compared to the prior year quarter driven by higher average premiums that resulted in a $1.3 billion increase in […]
ASE Supports SkillsUSA at National Leadership and Skills Conference
The National Institute for Automotive Service Excellence (ASE) staff will be on site and providing support for the 2024 SkillsUSA National Leadership and Skills Conference (NLSC) held June 24-28 at the Georgia World Congress Center in Atlanta, Ga. “ASE is honored to be part of the SkillsUSA Conference again this year,” said Dave Johnson, president […]
CIF Provides Relief to Kentucky Collision Repair Technician
The Collision Industry Foundation (CIF) recently presented a check for $10,845 to Gary Noble, a technician at Louisville Collision Center, in Louisville, Ky., as a direct grant to help him in his time of need. Noble suffered a catastrophic collision last November that required a lengthy hospitalization and rehabilitation. Six months later, he has yet […]
IIHS Welcomes New AEB Rule But Disappointed in Delayed Implementation Timeline
The Insurance Institute for Highway Safety (IIHS) welcome the new regulation from the National Highway Traffic Administration that requires automatic emergency braking (AEB) on all new passenger vehicles by September 2029. The final rule is a step forward for safety, though the long runway provided for compliance is unnecessary, IIHS-HLDI President David Harkey said. “We […]
GEICO Reports Premiums Written Up 7.3% in First Quarter
Collision claim frequency was down in range of 4-5% in the quarter, but severity was up 4-6%. Berkshire Hathaway reported its earnings for the first quarter of 2024 on May 4, including details about its GEICO subsidiary, the third largest private passenger auto insurer in the U.S. GEICO’s premiums written were $10.796 billion in the […]
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