Liberty Mutual Insurance has agreed to sell its operations in Thailand and Vietnam to Chubb Limited. Terms of the deal have not been disclosed. Thailand is expected to close by the second quarter of 2025 and Vietnam is expected to close in 2026, subject to certain closing and regulatory conditions. The sale includes LMG Insurance […]
Boyd Group Unveils Five-Year Growth Strategy Targeting $5 Billion Revenue
Plan calls for increasing market share from 6 to 10% in 2029 of $50 billion collision repair industry. Boyd Group Services Inc. (TSE: BYD) announced an ambitious five-year strategic plan aimed at significantly expanding its market presence and profitability through 2029. The company, which currently holds the second position in the highly fragmented collision repair […]
Solera Partners with National Independent Automobile Dealers Association
Solera has announced a partnership with the National Independent Automobile Dealers Association (NIADA) aimed at helping independent dealerships improve efficiency, manage risk, and address workforce shortages. Through the collaboration, NIADA members will gain access to Solera’s technology solutions, which use automation, artificial intelligence, and data-driven analytics to streamline dealership operations. The tools are designed to […]
March 27 CIECA Webinar Examines 3D Printing in Collision Repair
The Collision Industry Electronic Commerce Association (CIECA) announced that the next CIECA Webinar, 3D Printing in Collision Repair, will be held on Thursday, March 27 at 2 p.m. (EDT). The one-hour live broadcast will feature Harold Sears, head of the advisory council for Auto Additive, and Gerry Poirier, a consultant with Vector Squared. During the […]
Registration Open for July 21-24 ASE Instructor Training Conference
Registration is now open for the 15th annual ASE Instructor Training Conference. Scheduled for July 21-24 in St. Louis, Mo. at the Hyatt Regency St. Louis at the Arch, the ASE Instructor Training Conference is the largest of its kind, hosting hundreds of high school and college instructors from auto, truck and collision repair programs […]
I-CAR Announces Training and Recognition Updates Ahead of 2025 National Conference
Reports reaching milestone 10,000 Gold Class Repair Facilities. The Inter-Industry Conference on Auto Collision Repair (I-CAR) will introduce updates to its training programs to advance industry standards at its 2025 National Conference being held February 27-March 1 in Houston, Texas. The changes focus on Advanced Driver Assistance Systems (ADAS) training requirements and initiatives to address […]
Snapsheet Partners with CrashBay to Improve Claims and Repair Coordination
Snapsheet and CrashBay announced a partnership aimed at integrating claims processing and repair management, offering insurers a more efficient way to coordinate repairs. The collaboration connects Snapsheet’s cloud-based claims management platform with CrashBay’s repair marketplace, allowing insurers to streamline the process from claim initiation to repair completion. The integration provides real-time access to repair facility […]
CCC Intelligent Solutions Delivers Strong Q4 and Full Year 2024 Financial Results
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue of $246.5 million for the fourth quarter, an 8% increase from $228.6 million for the fourth quarter of 2023. Adjusted earnings before interest, taxes and depreciation (EBITDA) for the fourth quarter was $106.3 million, exceeding the guidance range, with an adjusted EBITDA margin of 43%. […]
Independent Glass Association Calls on Insurers to Authorize OEM Glass for Recalibration
Open letter raises safety and cost concerns with aftermarket windshields. The Independent Glass Association (IGA) has issued an open letter to insurance companies, signed by IGA Executive Director Gary Hart, urging them to authorize original equipment manufacturer (OEM) glass for vehicle recalibration, citing safety, performance, and cost implications. The letter, dated February 21, argues that […]
Lou Berman Named Vice President Sales & Operations at ProColor Collision U.S.
Collision repair services franchise ProColor Collision has selected Lou Berman as its new Vice President of Sales & Operations. Reporting to Scott Bridges, senior vice president, Fix Network USA, ProColor Collision, Berman leads the ProColor Collision Operations teams, which focus on Sales and Shop Operations. Berman brings over 20 years of experience in the collision […]
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