Second quarter last year had been down nearly 36%. Quarter remains below 2019 level. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses in the second quarter continued to rebound from the historic impact from the coronavirus lockdowns last year. Collision coverage claims for […]
Crash Champions Acquires 12 Collision Repair Centers in Florida
Crash Champions, LLC announced the closing of five acquisitions across Florida, adding 12 new collision repair centers to the company’s footprint in the state. With these acquisitions, Crash now operates 27 Florida shops. The company first entered Florida’s key growth market earlier this year. The new acquisitions include: Basset Group in Clearwater (2), Sunrise (1), […]
Penske Automotive Group Acquires BMW Dealership in Michigan
Penske Automotive Group, Inc. (NYSE:PAG) announced that it has acquired Erhard BMW of Bloomfield, located in Bloomfield Hills, Mich., representing the company’s 48th BMW dealership world-wide. Commenting on the acquisition, President Rob Kurnick said, “This dealership has a strong legacy of serving BMW enthusiasts in the metropolitan Detroit market for over 50 years. We are […]
Tim Knavish Appointed Chief Operating Officer at PPG
PPG (NYSE:PPG) today announced the appointment of Tim Knavish, executive vice president, as chief operating officer, effective March 1, 2022. Knavish will have executive oversight responsibility for all of PPG’s strategic business units and operating regions and for the information technology (IT), environment, health and safety (EH&S), and procurement functions. He will remain based at […]
Jeff Nosek Named President of MOTOR Information Systems
MOTOR Information Systems announced the promotion of Jeff Nosek to president. The announcement was made by Tom Cross, president of Hearst Transportation and Rich Malloch, executive vice president for Business Media at Hearst. The promotion is effective immediately. In his new role, Nosek will lead the MOTOR business and report to Cross. Nosek has served […]
Small Business Optimism Up Slightly in November
A net 59% of small business owners increased prices, the highest level since 1979. The NFIB Small Business Optimism Index increased slightly in November by 0.2 points to 98.4. Four of the 10 Index components improved, four declined, and two were unchanged. The NFIB Uncertainty Index decreased four points to 63. “As the end of […]
Mississippi Glass Shop to Pay Over $90,000 in Back Wages Following Wage Hour Investigation
Paul’s Discount Glass Inc. failed to pay proper overtime rate. The operator of two Mississippi auto glass and repair shops has come into compliance after a U.S. Department of Labor Wage and Hour Division investigation recovered $90,068 in back wages for 33 workers and determined the employer failed to pay them overtime as the law […]
Root Auto Insurance Enters Kansas
Root, Inc. (NASDAQ:ROOT) announced that Root Insurance has launched in Kansas, the 32nd state where Root auto insurance is now available. The more than 2 million registered drivers in Kansas now have access to fair insurance rates through the Root app. In June, Root entered the Wisconsin market. “Root’s accessible and fair rates are the […]
LexisNexis Risk Solutions Partners with Shift Technology on Claim Processing Technology
LexisNexis Risk Solutions and Shift Technology announced today the two companies have entered a strategic alliance that will enable insurance carriers to seamlessly incorporate LexisNexis Claims Clarity data and analytics into Shift’s insurance decisioning artificial intelligence (AI) models, allowing carriers to better predict fraud and risk at the first notice of loss. To achieve greater […]
Dale Ross Named Recycled Rides Program Manager at National Auto Body Council
The National Auto Body Council (NABC) announced that Dale Ross has joined the organization as the program manager for the NABC Recycled Rides initiative. Ross will lead the popular NABC program that has gifted more than 2,750 vehicles to families in need since it was launched in 2007. Ross is a veteran of the collision […]
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