Rate increases since the beginning of the year expected to raise written premiums by $862 million. The Allstate Corporation (NYSE: ALL) announced that during the month of April, the Allstate brand implemented auto rate increases were 8.6% across 13 locations, resulting in total brand premium impact of 1.6%. “Allstate continued to implement significant auto insurance […]
Lift Auto Group Acquires Collision Repair Center in Burnaby, British Columbia
Lift Auto Group announced the acquisition of B&M Auto-Craft Collision formerly owned by brothers-in-law Tony Murazzo and Antonio Beninteso. The facility, located in Burnaby, B.C., now joins the CSN Collision network and will operate as CSN BM Collision. “Lift is a great company. I had the opportunity to chat with them and they’re so professional […]
Fix Auto UK Announces Awards at National Conference
Fix Auto Weston-super-Mare became the toast of Fix Auto UK’s 2023 National Conference after being named as the network’s ‘Bodyshop of the Year’ during the organization’s highly anticipated ‘Next Gen’ themed National Conference. Presented in front of a record number of delegates, insurer guests and suppliers at The Vox, near Birmingham, Somerset business owners Tony […]
Michael Wise Confirmed as South Carolina Insurance Director
Michael Wise was confirmed by the South Carolina Senate as the next Director of the South Carolina Department of Insurance. “The Department of Insurance has done exceptional work during the short time that Mr. Wise has served as Acting Director,” said South Carolina Governor Henry McMaster. “From hurricanes to combating insurance fraud, he has repeatedly […]
Collision Claims in Fourth Quarter Slightly Down Compared to 2021
Claims in the fourth quarter of 2022 declined less than 1% versus the same quarter in 2021. Losses were up nearly 55% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the rebound in claims stalled during the fourth quarter of 2022 compared to […]
Progressive Reports Personal Auto Policies in Force Grew 13% in April
Total personal auto policies in force exceeded 19.5 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,528,200 in April, an increase of 13% from April 2022. Agency personal auto insurance policies were 8,337,100, up 8% from 2022 and direct policies in force were 11,191,100, up 17% versus April […]
AASP-MN Announces 2023-2024 Board of Directors
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced new board members: Shannon Christian, Shannon’s Auto Body, Brainerd (Collision seat); Tim Kruse, TGK Automotive, Hugo (Mechanical seat); and Randy Notto, Lenfer Automotive & Transmission, Lino Lakes (Mechanical seat). They join other members of the Board, which include: Mike McLynn, Automotive Electric, Grand Rapids, President […]
Wisconsin Collision Repair Professionals Members Rank Acuity Insurance Best Overall for Claims Handling
Wisconsin Collision Repair Professionals (WCRP) members recently completed a survey in which they ranked 20 insurance companies based on their overall experiences with their claims handling. The table above shows the overall rankings of the WCRP survey.
Second Annual Midwest Collision Repair Trade Show May 19
Event in Overland Park, Kansas starts at noon on Friday. The Midwest Collision Repair Trade Show and Conference is this week in the Kansas City suburb of Overland Park, Kan. Mike Anderson, from Collision Advice, will kick things off this coming Friday, May 19 at 12:00 p.m. with his “Be Extraordinary” presentation. In today’s collision […]
Mitchell Reports US and Canada See First Quarter Increase in Repairable EV Claims Frequency
EVs have higher than average vehicle repair costs and cycle time. Mitchell, an Enlyte company, today reported that electric vehicle (EV) repairable claims frequency increased in Q1 2023 to 1.13% in the US and 2.41% in Canada. The data was featured in the company’s latest Plugged-In: EV Collision Insights publication, which provides up-to-date EV claims […]
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