Progressive moves into second place on the list of top 10 private passenger auto insurers. NAIC reports auto insurance premiums earned up nearly 5% in 2022. Total direct premiums earned on private passenger auto insurance were $270.26 billion in the U.S., up 4.86% from 57.7 billion in 2021 according to final data released March 28 […]
Ford Donates $1 Million to Fund Technician Scholarship Program
Scholarship fund, administered by the TechForce Foundation, is backed by Ford Fund and Ford Dealers will help meet the high demand for highly skilled automotive technicians across the industry. Ford Motor Company Fund, the company’s philanthropic arm, is joining Ford dealers across four U.S. regions – Atlanta, Chicago, Dallas, and Phoenix – to provide $1 […]
Wyoming Automotive Named PPG Platinum Distributor of the Year
PPG (NYSE:PPG) announced that it has honored Wyoming Automotive of Casper, Wyo., as its Automotive Refinish 2022 Platinum Distributor of the Year. The annual award recognizes distributors with exceptional service, loyalty, product knowledge and support as part of the PPG Platinum Distributor program. Natalie Scott, PPG director, PPG Platinum Distributor program, Automotive Refinish, U.S. and […]
Intact Financial Corporation and RSA Exit UK Personal Lines Motor Insurance Market
Intact Financial Corporation (TSE:IFC) and its subsidiary RSA, announced March 28 it will exit the personal motor (auto) insurance market in the UK to improve the strength and sustainability of the UK & International business. The personal lines motor insurance market in the UK remains extremely competitive and requires significant scale to drive meaningful outperformance. […]
Texas Farm Bureau Insurance Partners with Arity to Launch Telematics Insurance Program
Texas Farm Bureau Insurance announces its new insurance program, Drive‘n Save, which was built in partnership with Arity, a mobility data and analytics company. The program offers drivers the chance to save 10% off their auto insurance premium just for participating, with deeper discounts available for drivers who demonstrate ongoing safe driving behavior. Policyholders download […]
Small Business Owners’ Confidence in the National Economy Drops
Inflation concerns continue as just 1 in 5 small businesses believe the U.S. economy is in good health. The MetLife and U.S. Chamber of Commerce Small Business Index, released today, dropped slightly this quarter to 60 from 62.1 as small business owners’ outlook on the national economy weakened. One in five (20%) small business owners […]
1Collision Adds Collision Repair Center to Network in Indiana
1Collision announced the addition of Chariot Collision Center, based in Kokomo, Ind. to its network of independently owned collision repair centers. The collision repair facility is part of Chariot Auto Group in North Central Indiana, established in 1926. Ric Pugmire, Chariot’s Director of Collision Operations, said the company is committed to providing world-class customer service […]
Lemonade Car Insurance Launches in Oregon
Lemonade (NYSE:LMND), the digital insurance company, announced the launch of Lemonade Car in Oregon, marking the fifth state where the full suite of Lemonade insurance products are available. Lemonade Car offers drivers the ability to only pay for the miles they drive on top of a low monthly base price. The company boasts that Lemonade […]
CCC Receives Award for Artificial Intelligence Excellence
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced it has been recognized by Business Intelligence with two Artificial Intelligence (AI) Excellence Awards. The 2023 AI Excellence Awards recognize organizations, products, and people applying AI to solve real business challenges. CCC’s AI-powered estimating solution CCC Estimate – STP was recognized as a top innovation in the product category […]
USAA Releases Top 10 States for Vehicle Thefts
Vehicle thefts continue to rise across the nation as USAA members have experienced an 8% increase in total theft of vehicles since 2021. USAA alone saw more than 20,000 vehicles stolen in 2022. Top 10 States for USAA Vehicle Theft Claims in 2022 were: Texas California Colorado Washington Florida Georgia Virginia Oregon North Carolina Maryland […]
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