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Virginia Oden Named Assistant Vice President at ASE Education Foundation

February 13, 2024 By CollisionWeek Editor

Virginia Oden has been named assistant vice president of the ASE Education Foundation, it was announced by Mike Coley, president of the Foundation. In her role at the ASE Education Foundation, Oden will work closely with the foundation’s field managers, industry partners, state and national educators, and career and technical education (CTE) organizations. “We are […]

Filed Under: News Tagged With: ASE Education Foundation, People

Wholesale Used-Vehicle Prices Flat in January

February 12, 2024 By CollisionWeek Editor

While the Manheim Used Vehicle Value Index was flat compared to December, January Index was down over 9% year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were unchanged in January compared to December. The Manheim Used Vehicle Value Index (MUVVI) remained at 204.0 but down 9.2% from a year ago. The […]

Filed Under: News Tagged With: Cox Automotive, Manheim, Wholesale Used Vehicle PRices

AASP/NJ to Award $5,000 in Northeast Dollars to Trade Show Attendees

February 12, 2024 By CollisionWeek Editor

The Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) announced that 10 lucky NORTHEAST Automotive Services Show attendees will walk away as winners the association once again plans to award a total of $5,000 – $500 to 10 randomly chosen attendees the March 15-17 being held at the Meadowlands Exposition Center (MEC) in Secaucus, […]

Filed Under: News Tagged With: AASP/NJ, New Jersey, Northeast Trade Show

U.S. Department of Transportation Urges Protection for Truckers Against Predatory Towing Fees

February 12, 2024 By CollisionWeek Editor

The U.S. Department of Transportation Federal Motor Carrier Safety Administration (FMCSA) expressed strong support for trucker protections against predatory towing fees in a comment filed on the Federal Trade Commission’s (FTC) proposed rule banning junk fees. FMCSA’s comment outlines concerns with predatory towing junk fee practices that significantly increase costs for commercial motor vehicle owners […]

Filed Under: News Tagged With: Federal Trade Commission, Towing, U.S. DOT

NCOIL Supports Effort to Inspire Young Professionals to Choose a Career in Insurance

February 12, 2024 By CollisionWeek Editor

As February marks the eighth annual Insurance Careers Month, the National Council of Insurance Legislators (NCOIL) is proud to join the Insurance Careers Movement (ICM) in highlighting the many important and fulfilling career opportunities the insurance industry has to offer. The ICM is a global network of more than 1,000 insurance carriers, agents, trade associations, […]

Filed Under: News Tagged With: National Council of Insurance Legislators, Workforce Development

Vehicle Dependability Rate of Deterioration Increases

February 9, 2024 By CollisionWeek Editor

J.D. Power study finds consumers increasingly report annoyance with driver assistance systems, problems with electric vehicles and infotainment features. Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D. Power 2024 U.S. Vehicle Dependability Study (VDS). The high number of problems owners encounter indicates a decline in […]

Filed Under: News Tagged With: J.D. Power, Vehicle Dependability

Car ADAS Solutions Announces New Location in Florida

February 9, 2024 By CollisionWeek Editor

Car ADAS Solutions announced the addition of ADAS Calibrations of Florida. Owned by Bea Bruno, the company recently opened a location in Rivera Beach, Fla., on November 5, 2023 and a second facility is being constructed in Kissimmee. The company’s territory extends from Orlando to North Fort Lauderdale. Plans include opening four additional locations by […]

Filed Under: News Tagged With: Car ADAS Solutions, Florida, Network Affiliations

Canadian Collision Industry Forum Appoints New Steering Committee Members

February 9, 2024 By CollisionWeek Editor

The Canadian Collision Industry Forum (CCIF) announced the newest members to its Steering Committee. The Steering Committee is responsible for guiding priority areas to ensure that CCIF events continue to be a success. With the goal of representing the collision industry as a whole, members of the committee are chosen from different sectors and serve […]

Filed Under: News Tagged With: Canadian Collision Industry Forum, People

Simon Zhang Named Chief Data Analytics Officer at Mercury Insurance

February 9, 2024 By CollisionWeek Editor

Mercury Insurance (NYSE: MCY), a leading provider of property and casualty insurance, has appointed Simon Zhang to the newly-created position of Chief Data and Analytics Officer. The hire continues Mercury’s ongoing effort to utilize advanced data analytics to drive business growth, elevate the carrier’s product offerings, and better meet the needs of its policyholders. “This […]

Filed Under: News Tagged With: Mercury Insurance, People

Collision Claims and Losses in Third Quarter Down Compared to 2022

February 8, 2024 By CollisionWeek Editor

Quarterly claims were down for the second quarter in a row. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the post-pandemic rebound in claims is over as claims on a quarterly basis were down for two consecutive quarters compared to the previous year. Losses were also […]

Filed Under: Research Tagged With: Claim Frequency, Claim Severity, Claims, Losses

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