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Crash Champions Acquires 4 Collision Repair Centers in Northern California

January 23, 2023 By CollisionWeek Editor

Crash Champions today announced the company has acquired Stymeist Collision Centers that operates four collision repair centers in Northern California. The acquisition expands Crash Champions’ California network to more than 100 repair centers across the state – complementing its nationwide lineup of more than 600 repair centers in 36 states. The acquisition officially closed on […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions

Classic Collision Acquires its 40th Collision Repair Center in Florida

January 23, 2023 By CollisionWeek Editor

Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, Ga. announced the acquisition on January 20 of R&R CARSTAR Collision Franchise in Apopka, Fla. “Our goal has been to provide exceptional customer service, and I know that Classic Collision’s customer service and quality focus will continue to serve my community well” stated John […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Maine Right to Repair Coalition Submits Over 70,000 Signatures in Support of Ballot Initiative

January 23, 2023 By CollisionWeek Editor

The Maine Right to Repair Coalition, a group of independent automotive and collision repair shop owners, employees, and right to repair supporters submitted more than the required number of voter signatures to the Secretary of State to put an initiative on the November 2023 ballot. Supporters of the initiative say it will protect their right […]

Filed Under: News Tagged With: Ballot Initiative, Maine, OEM Repair Procedures, Regulations, Right to Repair

AASP/NJ Members Virtual Meeting Featured OSHA Compliance

January 23, 2023 By CollisionWeek Editor

Knowing how important it is to start the year off with one’s house in order, the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) set out to make sure its members have the best information available on how to be OSHA compliant by inviting Bob Plett of American Compliance Systems to review requirements during […]

Filed Under: News Tagged With: AASP/NJ, Meetings, New Jersey, OSHA, Safety

Collision Claims Were Up Just Over 1% in Third Quarter Compared to 2021

January 20, 2023 By CollisionWeek Editor

Claims in the third quarter of 2022 remain below pre-pandemic levels. Losses were up 38% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses in the third quarter of 2022 continued to rebound, but comparisons to pre-pandemic levels declined. Losses, however, […]

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

PPG Reports Record $17.7 Billion Sales in 2022

January 20, 2023 By CollisionWeek Editor

Reports U.S. body shop activity continues to be robust. PPG (NYSE:PPG) yesterday reported net sales of $4.2 billion for the fourth quarter, up 5% in constant currencies driven by higher selling prices. Full year sales were approximately $17.7 billion, aided by 8% organic growth. Net sales were higher by 10% in constant currencies, including selling […]

Filed Under: News Tagged With: Earnings, PPG Industries

AASP Announces 2023-24 Executive Committee

January 20, 2023 By CollisionWeek Editor

The Alliance of Automotive Service Providers elected its Executive Committee for 2023-24 during its Board of Directors meeting in Las Vegas during November.  Dan Sjolseth, owner of Superior Service Center/St. Paul Automotive (Eagan/Apple Valley/St. Paul, Minnesota), accepted the gavel and will serve as president of the AASP National Board. Sjolseth has represented Minnesota on the […]

Filed Under: News Tagged With: Alliance of Automotive Service Providers, Board of Directors, People

ASE Education Foundation Names New Officers, Board

January 20, 2023 By CollisionWeek Editor

The ASE Education Foundation announced the officers for its 2023 board of directors. The officers and board members were elected during the foundation’s recent meeting held in San Diego. The new chair of the ASE Education Foundation is Trey Michael, director CTE and career pathways, North Carolina Department of Public Instruction. Serving as vice chair […]

Filed Under: News Tagged With: ASE Education Foundation, Board of Directors, People

AIA Canada Seeks Nominations for Board of Directors

January 20, 2023 By CollisionWeek Editor

The Automotive Industries Association of Canada is accepting applications and nominations for individuals to be considered for its 2023 Board of Directors. AIA Canada’s Board of Directors plays an important role in keeping the Association focused on fulfilling its mandate to its members and to the Canadian auto care sector. Each year, members are asked […]

Filed Under: News Tagged With: Automotive Industries Association of Canada, Board of Directors, Canada

Allstate Projects Auto Insurance Rate Increases Will Raise Written Premiums Nearly 17%

January 19, 2023 By CollisionWeek Editor

Auto claims frequency continues to increase but remains below 2019 levels. The Allstate Corporation (NYSE: ALL) announced preliminary results for the fourth quarter of 2022, with an estimated net loss between $285 million and $335 million and estimated adjusted net loss between $335 million and $385 million. Premiums written increased 11.4% from fourth quarter of […]

Filed Under: News Tagged With: Allstate, Claim Frequency, Claim Severity, Premiums

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