The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) brought members of the automotive industry together on June 15 at the Holiday Inn in Clark, NJ for an informative session entitled “Understanding the Laws and Regulations Governing Auto Repair and Auto Body Shops.” “When push comes to shove, do you have what you need […]
Fix Auto UK Partners With AirPro Diagnostics for ADAS Calibration
Fix Auto UK has formed a partnership with AirPro Diagnostics to simplify and speed up Forward-Facing Camera (FFC) ADAS calibrations. The partnership will initially bring into the UK AirPro’s AUGGIE mobile system that enables ADAS calibrations to be easily and swiftly completed outside of the workshop by any technician. Ian Pugh, Fix Auto UK’s Managing […]
Toyota Research Institute Unveils Generative AI Techniques for Vehicle Design
The Toyota Research Institute (TRI) today unveiled a generative artificial intelligence (AI) technique to amplify vehicle designers. Currently, designers can leverage publicly available text-to-image generative AI tools as an early step in their creative process. With TRI’s new technique, designers can add initial design sketches and engineering constraints into this process, cutting down the iterations […]
Rhode Island Legislature Passes Bill Updating Unfair Claims Practices Act
Requires insurers to pay for documented OEM and paint manufacturer procedures, adds independent appraisal provision to settle disputed loss amounts. Clarifies direction to pay requirements for auto rentals. The Rhode Island legislature passed a bill June 16 that amends several sections of the Rhode Island Unfair Claims Practices Act to address items such as payment […]
PGW Auto Glass Acquires Duncan Systems Truck Glass Division
PGW Auto Glass, LLC announced that it has acquired the assets of Duncan Systems’ Truck Glass Division. “This strategic move builds on our commitment to expand our product offering and range of solutions to the heavy truck segment,” said Todd Fencak, CEO of PGW Auto Glass. “Duncan Systems’ Truck Glass Division has a strong reputation […]
Allstate Announces April Implemented Auto Rate Increases of 9.3% Across 15 Locations
Rate increases since the beginning of the year expected to raise written premiums by $1.28 billion. The Allstate Corporation (NYSE: ALL) announced that during the month of May, the Allstate brand implemented auto rate increases were of 9.3% across 15 locations, resulting in total brand premium impact of 1.6%. “Allstate continued to implement significant auto […]
Survey Shows Consumers Desire Automated Safety over Self-Driving Technology
According to a spring 2023 S&P Global Mobility consumer survey, car buyers understand and want advanced driver assistance systems (ADAS) features that provide safer driving – and they expect them to be standard in new luxury and mainstream vehicles. But the same feelings do not apply when ADAS is applied to autonomous driving systems. According […]
Lincoln Electric Launches Virtual Reality Headset to Attract Young People to Welding Careers
Lincoln Electric has added a cutting-edge new product to its education lineup. The Voyage Arc Virtual Reality Welding Headset is an interactive, immersive classroom platform that introduces students to welding fundamentals. The tool is designed to spark interest in careers involving welding by enabling tech-savvy students to learn in a virtual setting that many of […]
Progressive Reports Personal Auto Policies in Force Grew 14% in May
Total personal auto policies in force exceeded 19.6 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,666,500 in May, an increase of 14% from 17,200,000 in May 2022. Agency personal auto insurance policies were 8,423,200, up 10% from May 2022 and direct policies in force were 11,243,300, up […]
U.S. Property/Casualty Industry Posts $8.2 Billion Underwriting Loss in First-Quarter 2023
Net income declined 70.7% to $8.1 billion. The U.S. property/casualty (P/C) industry saw an $8.2 billion net underwriting loss in the first quarter of 2023, compared with a $3.4 billion gain in the same prior-year period, according to preliminary financial results. This financial review is detailed in a new Best’s Special Report, First Look: Three-Month […]
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