CCC Intelligent Solutions (NYSE:CCCS) today reported a 50 percent year-over-year increase in the application of advanced artificial intelligence (AI) for claims processing. The company also reports that more than 9 million unique claims have been processed using a CCC deep learning AI solution, growing more than 80 percent in 2021, and the number of claims […]
Root Insurance Selects Tractable AI To Streamline Claims Operations
Root Insurance will use artificial intelligence (AI) to streamline and accelerate its claims operations using Tractable’s suite of AI solutions. Root will launch the partnership with the AI Subro solution from Tractable to enable Root to assess and respond to subrogation demands more accurately and efficiently. After testing market solutions head-to-head, Root chose Tractable, which […]
Most Profitable States for Auto Insurers in 2020
While the pandemic caused an upheaval in the auto physical damage insurance market and carriers rebated premiums, many states were more profitable for insurers during 2020 than before the pandemic. The latest data from the National Association of Insurance Commissioners (NAIC) illustrates how the first year impacted by the COVID-19 pandemic increased profits for private […]
Total Car Franchising Adds CarLove Mobile Paint and Dent Repair Franchise in Atlanta
Total Car Franchising Corporation, the franchisor of Colors on Parade and CarLove mobile automotive paint and dent repair, announced the opening of it’s newest franchise unit in Atlanta, Ga. Servicing the Metro Atlanta area, the new franchise is owned and operated by Jason Bieker. Bieker is a recent graduate from Lanier Technical College, a unit […]
Collision Engineering Program Receives $700,000 Grant from ECMC Foundation to Address Collision Repair Technician Shortage
The Collision Engineering Program announced in late December that it received a $700,000 grant from the ECMC Foundation to support the growth and expansion of the program. With foundational support provided by the Enterprise Holdings Foundation, the program launched last year and is designed to attract and develop entry-level talent to fill essential roles within […]
ASA Focused on Membership Initiatives for 2022
The Automotive Service Association has officially launched its new regional organizational model that was announced in September. As part of the reorganization, ASA eliminated its state affiliate groups to introduce a more simplified membership model. Blair Calvo, ASA’s vice president of Regional Services and interim executive director, said the new model would allow ASA to […]
Badge Registration Opens for Northeast Trade Show
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced that online pre-registration for free show badges is open for the Northeast Automotive Services Show being held March 18-20 in Secaucus, N.J. The association expects over 150 exhibiting vendors plus NORTHEAST-exclusive educational training including presentations on: The continuing tech shortage The future of ADAS […]
Rhode Island Legislature Votes to Overturn Governor’s Veto of Unfair Claims Practices Regulation Bill
Legislation revises the state’s unfair claims handing regulations related to total losses, sublet markup and refinish materials calculations. The Rhode Island House and the Senate voted to overturn Rhode Island Governor Dan McKee’s July veto of House Bill 6324 (HB 6324) during its session on Tuesday, January 4 at the State House. The Rhode Island […]
Crash Champions Acquires 11 Collision Repair Centers in Three States
Crash Champions, LLC announced today that it has added 11 new locations as a result of three transactions in Pennsylvania, Florida and Missouri. The Company has acquired Legacy Autobody Group, consisting of seven shops in Eastern Pennsylvania, Premier Collision Repair, a single location in Ft. Myers, FL and three collision repair facilities previously operated by […]
Fenix Parts Acquires Second Ohio Auto Recyclers
Fenix Parts announced it has completed its acquisition of the assets of Keiffer Auto Recyclers, LLC in Canton, Ohio. The acquisition is Fenix Parts second in the Ohio market following the purchase of All Foreign Used Auto Parts, Inc. in Columbus that CollisionWeek reported on Monday. Keiffer is a full-service automotive recycling facility servicing the […]
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