Classic Collision, LLC announced the acquisition of Michael’s Auto Body & Glass in Castle Rock, Colo. Michael’s Auto Body & Glass has serviced Castle Rock for over 30 years and they were voted the best auto repairer in Douglas County for ten straight years and were known for their state-of-the-art collision facility. “Our commitment has […]
Fix Network Global Conference in Florida Brought Together Franchisees from Around the World
The Fix Network Global Conference on October 4-7 in Orlando, Fla. brought together franchisees and experts from across the automotive aftermarket and business world to discuss, explore and share ideas and strategies for shaping the future. Franchisees from Fix Network’s brands of Fix Auto, NOVUS Glass, ProColor Collision and Speedy Auto Service attended the two-day […]
CCC Introduces Next Generation AI-Based Photo Analysis
CCC Intelligent Solutions (NASDAQ:CCCS) today announced the next generation of its artificial intelligence (AI)-based photo analysis capabilities, including its first solution that extends into claims handling ahead of the appraisal process to include first notice of loss (FNOL). According to the company, the new solution helps users identify potential indemnity amounts earlier and deliver sactionable […]
Gerry Poirier Joins Vector Squared
Vector Squared, LLC announced that Gerry Poirier, a 50-year veteran of the auto physical damage and the collision repair industry, has partnered with Vector Squared and will add his expertise in helping its clients achieve maximum efficiency and overall performance improvement. Poirier has made his career in the collision and auto physical damage (APD) industries […]
U.S. Auto Body Repair Prices Up Nearly 6% in September Compared to Last Year
Prices were both on a year-over-year and month-over-month basis. The most recent government figures on inflation through September show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 27th month in a row, but the year-over-year (YoY) rate of increase continues to decline compared […]
GEICO Reported to Lay Off 6% of Workforce
GEICO, the third largest private passenger auto insurance company in the U.S., is reported to have announced to employees that it will lay off 2000 employees or about 6% of its staff. The announcement came in a letter from Todd Combs, GEICO’s CEO, announcing that the company was making the move to better position itself […]
NOAA Forecasts Wetter South, Warmer North this Winter
This year, El Nino is in place heading into winter for the first time in four years, driving the outlook for warmer-than-average temperatures for the northern tier of the continental United States, according to NOAA’s U.S. Winter Outlook released by the Climate Prediction Center — a division of the National Weather Service. “These outlooks provide […]
Stephen Deane Named Chief Claims Officer at The Hartford
The Hartford has appointed Stephen Deane chief claims officer effective Nov. 6. Deane will report directly to John Kinney, head of Claims and Operations, and will be a member of The Hartford’s executive leadership team. He succeeds Mary Nasenbenny, who will retire at the end of 2023. The Hartford is the 17 largest private passenger […]
PPG Reports Record Third Quarter Sales of $4.6 billion
Net sales were up 4% year over year. PPG (NYSE:PPG) today reported net sales of $4.644 billion for the third quarter 2023, up 4% from $4.468 billion last year. Net income was $426 million, up 29% from $329 million in the third quarter of 2022. Tim Knavish, PPG chairman and chief executive officer, commented on […]
Gerber Partners with Opus IVS on Scanning and Diagnostics
Gerber Collision & Glass, the U.S. collision repair brand of the Boyd Group, announced the strengthening of their partnership with Opus IVS, the provider of intelligent vehicle support solutions. This strategic alliance allows Gerber Collision & Glass to consolidate their diagnostic services through a single diagnostic platform with Opus IVS’s advanced DriveSafe platform, enabling state-of-the-art […]
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