Preliminary results for September show consumers remain pessimistic. The University of Michigan Consumer Sentiment Index was up slightly in preliminary September data released this morning. According to Surveys of Consumers Director Joanne Hsu, consumer sentiment was essentially unchanged in September, up just 1.3 index points or 2.2% above August. The Index is 18.3% below the […]
California Autobody Political Action Committee Seeks Donations in Advance of Midterm Elections
The California Autobody Repair Political Action Committee (CARPAC) is seeking donations to help support candidates who are understanding and responsive to the needs of body shops throughout the State. According to CARPAC, 2022 is an important election year that gives body shop owners and their employees the opportunity to have a real say in determining […]
WMABA Golf Outing October 13
The Washington Metropolitan Auto Body Association will hold its annual golf fundraiser Thursday, October 13th at Oak Creek Golf Club, in Upper Marlboro, Md. This year the event will be starting out early with a 9 a.m. shotgun start and wrapping up with a BBQ lunch and scoring/winner announcements. More information and registration are available […]
Survey Says More than 3 in 4 Americans Feel Less Safe in Self-Driving Cars
Despite the rise of autonomous vehicle technology, a new survey from insurtech company Policygenius finds widespread apprehension about self-driving cars. The survey found a majority of Americans (76%) say they would feel less safe driving or riding in cars with self-driving features. Similarly, 73% of people would feel less safe knowing others on the road […]
Crash Champions Acquires Two Collision Repair Centers in Florida
MSO now has 49 locations in the state, 570 nationwide. Crash Champions, LLC announced today that it acquired two collision repair centers in the Orlando, Fla. market. The company acquired Daya’s Certified Collision Center’s two locations at 800 Bennett Drive in Longwood and 6650 Kingspointe Parkway in Orlando. The acquisition continues Crash Champions’ strategic national […]
Allstate Announces August Implemented Auto Insurance Rate Increases
The Allstate Corporation (NYSE: ALL) announced the implemented auto insurance rate increases for August. The company has been raising auto insurance rates in response to increased claim severity. “Allstate continues to implement significant rate actions in the second half of 2022 in response to inflationary increases to auto insurance severities. During the month of August, […]
asTech Announces Streamlined Diagnostic Process to Simplify Auto Repair
asTech, a Repairify company, introduced changes and expanded offerings that will streamline shop workflow with one-stop access to diagnostics, ADAS insights, calibrations, and programming for a shorter repair cycle time and a more profitable shop. One of the most notable new offerings is asTech’s patented diagnostic Rules Engine, now enhanced with the ability to customize. […]
CCC Safekeep Subrogation Platform Wins 2022 IDC FinTech Rankings Real Results Award
CCC Intelligent Solutions Inc. announced it is a winner of the 2022 IDC FinTech Rankings Real Results Award which recognizes tech providers that have enabled a genuine, measurable, and future-enabling change at a client financial institution. The Company was recognized with an Efficiency and Agility Award for its CCC Safekeep AI-powered subrogation platform and its […]
Ravin AI to Accelerate Auto Claims Processing as New Guidewire Solution Alliance Partner
Guidewire (NYSE: GWRE) and Ravin AI announced that Ravin has joined Guidewire PartnerConnect as a Solution partner. Ravin’s automated vehicle inspection tool enables non-professionals, like insurance customers, to capture the condition of a vehicle accurately. It leverages advanced computer vision and deep learning to analyze car damage and generate a 360-degree condition report or repair […]
Collision Repair Industry Production Down in July
After setting new records for five straight months, production declined in July versus the previous month. Month was up over 12% on year-over-year basis. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary July collision repair employment, hours worked and wages indicated production […]
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