Current Chairman and Chief Executive Officer David H. Long announces retirement at end of 2022. Liberty Mutual Insurance announced that Chairman and Chief Executive Officer David H. Long will retire at the end of 2022 and serve as the company’s Executive Chairman of the Board of Directors. The organization’s Board of Directors appointed Timothy M. […]
Preliminary June Consumer Sentiment Index Declines 14% from May and Over 40% Below Last Year
Sentiment at lowest record value since 1980 recession. According to the University of Michigan Surveys of Consumers, consumer sentiment continued its downward trend in early June on consumers’ concerns over their financial situation. According to preliminary June results released on Friday, June 10, the Consumer Sentiment Index declined to 50.2 in June, down by 14% […]
J.D. Power Reports Industry-Wide Auto Insurance Rate Increases Force New Approaches to Customer Retention
Usage-based auto insurance takes center stage as satisfaction flatlines. A record high number of serious collisions, skyrocketing used-vehicle prices and surging repair costs have created an unenviable scenario for auto insurers: raise rates or go out of business. It should come as little surprise that the J.D. Power 2022 U.S. Auto Insurance Study, released today, […]
June 22 AASP/NJ Meeting Features Audi’s Mark Allen
Attendees will earn certificate that can be used towards auto body license training requirements. In this day and age, collision repair professionals cannot afford to fall behind when it comes to evolving vehicle technology and OEM developments and procedures. Recognizing how crucial it is for repairers to have access to as much training as possible, […]
Atlanta I-CAR Committee Strengthens Local School Collision Repair Programs Through CREF
Collision repair students at Paulding County High School (PCHS) in Dallas, Ga. sent handwritten notes to members of their program’s advisory board after the school’s second annual Small Car Race, an end-of-year project where students race the six-inch-long small cars they’ve built using recycled car parts. Some of the comments contained in the notes included: […]
Mark Willis Named UK Commercial Director at Advantage Parts Solutions
Advantage Parts Solutions announced the appointment of Mark Willis as UK Commercial Director. Willis will work closely with the UK’s Senior Leadership team, including David Shepherd, Advantage Parts Solutions’ Non-Executive Director, Darren Clark, Advantage Parts Solutions’ UK Managing Director, and Bob Kirstiuk, Advantage Parts Solutions’ CEO and Co-Founder, to elevate the brand’s profile throughout Europe […]
Collision Claims Were Up 17% in Fourth Quarter Compared to Pandemic Impacted Quarter in 2020
Fourth quarter claims remain 5% below 2019 level. Losses up nearly 25% 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 fourth quarter of 2021 continued to rebound from the impact of the coronavirus in 2020. Collision coverage claims […]
NY Attorney General Sues Towing Company
New York Attorney General Letitia James on June 7 filed a lawsuit against a towing company, known as Bobby’s Towing, and its owner and operator, Robert Scores, for allegedly cheating and harassing hundreds of New Yorkers in Poughkeepsie. The lawsuit alleges that for years Mr. Scores engaged in rude behavior, illegally towed cars, overcharged for […]
PartsTrader July 19 Webinar to Provide Industry Update, Examine Parts Inflation and Supply Chain Constraints
PartsTrader announced a virtual collision repair industry update event on July 19 at noon (EDT). This free, live, interactive event offers a way for industry professionals to get vital information about current trends affecting their business. “I’m looking forward to providing the latest information on our fast changing industry, and giving my thoughts on how […]
CAWA Announces 2022 Scholarship Winners
CAWA, the association representing automotive parts manufacturers, jobbers, warehouse distributors, retailers and program groups in Arizona, California and Nevada, announced the recipients of its 2022 scholarship awards. CAWA provided over $13,000 in scholarships this year to thirteen individuals. “Once again, CAWA is proud to assist these young people in pursuing their education and careers in […]
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