Adds 17 locations in the state. Crash Champions announced today an agreement to acquire Mike’s Auto Body, a leading family-owned collision repair multi-shop operator (MSO) in the greater San Francisco Bay Area. Slated to close in early August 2022, all 17 Mike’s Auto Body locations will operate under the Crash Champions name and banner, bringing […]
ProColor Collision Adds New Repair Center in Southern California
ProColor Collision Rialto is the latest collision repair center to join ProColor Collision’s footprint as the collision repair brand reinforces its market presence across the U.S. Formerly known as A&A Auto Body Shop, ProColor Collision Rialto is a 10,500 sq. ft full-service collision repair facility located in Bloomington, Calif. that is equipped to handle advanced […]
Colors On Parade Enters North Louisiana Market
Colors on Parade is expanding into the North Louisiana market. The mobile paint and dent repair franchise system announced that Chris and Tessa Hall purchased the Shreveport-Bossier City Metro Area of Colors on Parade to develop the designated marketing area (DMA) with paint, dent and wheel repair franchise units. A retired USAF veteran, Chris Hall […]
Solera Launches Qapter Intelligent Triage to Accelerate Claim Resolution from the First Notice of Loss
Solera announced the launch of its new Qapter Intelligent Triage, a global visual intelligence service designed to enable claims handlers to improve the speed and accuracy of triage decisions following the first notice of loss (FNOL). The product allows the policyholder to submit photos of the damaged vehicle following the first contact with their insurer. […]
Insurance Information Institute Tells SEC that U.S. Insurers Already Lead Way on Climate-Related Disclosures
Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors, the Insurance Information Institute (Triple-I) said in a letter sent to the U.S. Securities and Exchange Commission (SEC). Triple-I’s letter came in response to the SEC’s request for public comment on its proposed rulemaking, “The […]
IIHS Sees Benefit of Newer Intersection Assistance Technology to Reduce Crashes by Older Drivers
As the number of older drivers grows rapidly, safety group says advanced driver assistance technology can help reduce injuries and fatalities. Advanced technologies designed to help drivers navigate intersections could address a third of the crashes that cause older driver injuries and fatalities, a new study from the Insurance Institute for Highway Safety (IIHS) shows. […]
Stellantis Selects I-CAR to Deliver New Training to Collision Repair Network
Stellantis North America has announced that the Inter-Industry Conference on Auto Collision Repair (I-CAR) will provide and manage a portfolio of new Vehicle and Technology Specific Training courses (VTST), six of which will be required for all FCA Certified Collision Care shops, along with two recommended optional courses. These courses ensure that professionals are trained […]
Ted Shallcross Named Next CEO and President of Amica
Amica Mutual Insurance Company’s Board of Directors announced yesterday that Edmund (Ted) Shallcross III has been named the company’s next Chief Executive Officer and President, effective October 1. Amica is the 23rd largest private passenger auto insurer in the U.S. Shallcross will succeed Robert A. (Bob) DiMuccio, who is retiring after 31 years of service, […]
Sony and Honda Sign Joint Venture Agreement to Establish EV and Mobility Services Company
Sony Group Corporation and Honda Motor Co., Ltd. announced that they have signed a joint venture agreement to establish a new company to engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility. The announcement is the result of the discussion of a strategic alliance in the mobility field between the […]
Gasoline Price Increases Ease as Demand Declines Following Memorial Day Holiday
According to AAA, since Monday, the national average for a gallon of regular gasoline has decreased by a penny to $5.00. According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks fell by 700,000 bbl to 217.5 million bbl last week. Meanwhile, gasoline demand declined slightly from 9.2 million b/d to […]
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