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Association of British Insurers Reports Motor Insurance Claims Up 29% in Second Quarter, Cost of Vehicle Repairs Up 46%

September 7, 2023 By CollisionWeek Editor

Motor insurers paid out £2.5 billion ($3.1 billion) in motor claims in the second quarter of this year, up 29% on the £2 billion paid in the same quarter last year according to latest Association of British Insurers (ABI) data published September 5. This was the highest quarterly figure since we started collecting data back […]

Filed Under: News Tagged With: Association of British Insurers, Claim Severity, United Kingdom

Andy Trommer Named Chief Technology Officer at Dent Wizard

September 7, 2023 By CollisionWeek Editor

Dent Wizard International announced it recently hired Andy Trommer as chief technology officer. In his new role, Trommer will work in tandem with Dent Wizard’s existing IT team, as well as the IT leadership team at Dealer Tire, Dent Wizard’s parent company. He will be responsible for overseeing the company’s technological roadmap, driving innovation across […]

Filed Under: News Tagged With: Dent Wizard, People

Justin Zimmerman Nominated to Become New Jersey Commissioner of the Department of Banking and Insurance

September 7, 2023 By CollisionWeek Editor

New Jersey Governor Phil Murphy yesterday announced his nomination of Justin Zimmerman as Commissioner of the New Jersey Department of Banking and Insurance. As Commissioner, he will lead the department in regulating the banking, insurance, and real estate industries as well as operating Get Covered New Jersey – the State’s official health insurance marketplace. Zimmerman […]

Filed Under: News Tagged With: Insurance Commissioner, New Jersey, People

J.D. Power Reports America Increasingly Divided on EV Adoption

September 6, 2023 By CollisionWeek Editor

EV adoption is growing nationally but the bottom ten states recorded year-over-year decline. State disparity in adoption projected to continue through 2035. According to the latest data from J.D. Power, EV adoption in America is growing increasingly divided, with the most active states for EV adoption already on the path to parity with internal combustion […]

Filed Under: News Tagged With: Electric Vehicles, J.D. Power

Crash Champions Acquires Two Collision Repair Centers in New Jersey

September 6, 2023 By CollisionWeek Editor

MSO now has six locations in the Garden State. Crash Champions today announced the acquisition of Terry’s Auto Body in Whippany, N.J., and Towne Auto Restoration in Randolph, N.J. The acquisition officially closed on Friday, August 25. Crash Champions now has six locations in New Jersey and more than 600 repair centers in 36 states […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, New Jersey

USAA Research Shows Top 10 States with Most & Least Distracted Drivers

September 6, 2023 By CollisionWeek Editor

USAA has released data on distracted driving trends in the United States during the first half of 2023. The data, compiled from USAA’s SafePilot telematics app, offers valuable insights into the states where drivers are most and least prone to distractions behind the wheel. The data comes at a time when more drivers have returned […]

Filed Under: News Tagged With: Distracted Driving, USAA, Usage-Based Insurance

AASP-MN St. Cloud Area Regional Collision Repair Meeting September 13

September 6, 2023 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) is teaming up with a group of collision repair shops in the greater Saint Cloud area for monthly education and conversation. All AASP-MN members and non-members are welcome to attend he meetings tthat take place on the second Wednesday each month from 7:30 – 9:30 a.m. […]

Filed Under: News Tagged With: AASP-MN, Meetings, Minnesota

Australia’s AMA Group Announces Retirements of CEO, Board Chair and Audit Committee Chair

September 6, 2023 By CollisionWeek Editor

AMA Group Limited (ASX: AMA) announced that Carl Bizon will retire as Executive Director and Chief Executive Officer at the Group’s’ Annual General Meeting on November 23. Bizon was appointed to the position in 2021. The group also announced that after nearly five years on the Board, Anthony Day has retired as Chair and Non-Executive […]

Filed Under: News Tagged With: AMA Group, Australia, Board of Directors, People

Colours Acquires 5 Location PBE Distributor in Illinois

September 5, 2023 By CollisionWeek Editor

With the acquisition, the Pennsylvania-based distributor has 50 locations in ten states. Colours Inc. announced the acquisition of a paint, body and equipment distributor with five locations in Illinois. Colours announced August 30 that it acquires A&B Auto Body Supply that operates locations in Peru, Bloomington, Peoria, Sterling and South Beloit, Ill. With the acquisition, […]

Filed Under: News Tagged With: Acquisitions, Colours Inc., Illinois, PBE Distributor

UK’s Steer Automotive Group Acquires 5 Location Commercial Vehicle Collision Repair MSO

September 5, 2023 By CollisionWeek Editor

The Steer Automotive Group has acquired C&C Vehicles Services that operates five commercial collision repair and refurbishment facilities in the UK along major travel routes. The acquisition marks the launch of the Steer Commercial Division with plans to grow the footprint of commercial facilities beyond the five acquired locations. Established in 1986, C&C Vehicle Services […]

Filed Under: News Tagged With: Acquisitions, Steer Automotive Group, United Kingdom

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