The latest report on the U.S. private passenger auto insurance market from the NAIC details the top 10 insurers in each state as well as the size of each market overall. Data from the National Association of Insurance Commissioners (NAIC) provides a detailed view on the size and scope of the private passenger auto insurance […]
AkzoNobel Reports Revenue Up 14% in Second Quarter
Akzo Nobel N.V. (AKZA; AKZOY) reported revenue for the second quarter was up 14% to €2.853 billion ($2.909 billion) and 10% higher in constant currencies. The company reported its pricing up 16% companywide, offsetting the increase of raw material and other variable costs. Volumes were 9% lower. Operating income at €205 million ($209.05 million) was […]
IAA Expands Presence in Indiana
IAA, Inc. (NYSE:IAA) announced the completion of the IAA Indianapolis South (IN) branch expansion and the start of construction on the new IAA Fort Wayne (IN) branch. These two investments will more than double IAA’s capacity in the state. The new Fort Wayne location will be IAA’s fourth branch in Indiana. “The added capacity of […]
Enterprise Holdings Announces Collision Repair Training Program Adds New School in Texas
Collin College Technical Campus is the fifth school to offer Collision Technology Program based on two-year Collision Engineering curriculum. Enterprise Holdings, through the Enterprise Holdings Foundation, today announced a new partnership with Collin College Technical Campus in Allen, Texas, to support the growth and expansion of its Collision Engineering Program. Now active in five schools […]
AAA Foundation Study Finds Many Drivers Hit the Road on Potentially Impairing Medications
Nearly half of the drivers surveyed said they used one or more potentially impairing medications in the past 30 days, according to new research by the AAA Foundation for Traffic Safety. The proportion of those choosing to drive is higher among those taking multiple medications. More concerning, many who took these medications to combat depression, […]
IIHS Researchers Find Crash Rates Increased After Marijuana Legalization
Accidents that caused injuries and fatalities were up overall, though results varied widely by state as some saw decreases. New research shows that crash rates in states that legalized marijuana increased following legalization. The research paper Changes in Traffic Crash Rates After Legalization of Marijuana: Results by Crash Severity by Charles M. Farmer , Ph.D., […]
Safelite Group Acquires Michigan Glass Installer
Safelite Group announced the acquisition of Henderson Glass in Michigan. The transaction closed on Friday, July 15. “Founded in 1915, Henderson Glass has a long-standing history of outstanding customer service and a commitment to high-quality work,” said Renee Cacchillo, President and CEO of Safelite Group. “We’re proud to welcome their associates to our business.” “This […]
NHTSA Launches Anti-Speeding Campaign
Addressing risky driver behavior such as speeding is one of five pillars in the National Roadway Safety Strategy. As part of the U.S. Department of Transportation’s comprehensive safety strategy to prevent traffic deaths, the National Highway Traffic Safety Administration announced it is launching a public education campaign across the country to address one of America’s […]
NFIB Survey Finds Large Majority of Small Business Owners Report Inflation Pressures Worsening
The NFIB Research Center released a new survey yesterday assessing the impact inflation is having on small businesses. Overall, over half (56%) of small employers reported that inflation is having a substantial impact on their business while about a third (35%) reported a moderate impact. Three quarters (75%) of owners reported that inflation pressure is […]
I-CAR Announces Initiative to Address Collision Repair Technician Shortage
Partnership with Collision Repair Education Foundation and others seeks to expand the number of qualified entry-level technicians. The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced a comprehensive initiative aimed at improving the industry-critical technician shortage situation. Program components are planned for roll-out as early as this year, with additional elements launching throughout 2023 and […]
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