Assured Performance announced that Joe Hudson’s Collision Center and Crash Champions have committed to 100% of their locations becoming certified as part of Assured Performance’s Certified Repair Provider Network. As part of their overall commitment, their locations will feature a Collision Care service experience with the consumer option of receiving a fully documented “Certified Repair.” […]
Collision Claims Remained Down Over 20% in Third Quarter Compared to 2019
After declining more than 35% in the second quarter, collision claims recovered as stay-at-home orders eased. Earned car years grew at highest rate in three years. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the historic impact of coronavirus lockdowns on private passenger collision claims and […]
Progressive Acquires Commercial Auto Insurer Protective Insurance
The Progressive Corporation (NYSE: PGR) and Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB) announced that they have entered into an agreement for Progressive to acquire all of the outstanding Class A and Class B common shares of Protective for $23.30 per share in cash, for a total transaction value of approximately $338 million. The acquisition […]
Amica Insurance Reported $2.4 Billion in Earned Premiums for Second Straight Year
Amica Mutual Insurance Company at its Annual Meeting on February 11 reported continued financial stability in 2020 and that it returned nearly $90 million to customers for COVID-19 premium relief. Amica Chairman, President and Chief Executive Officer Robert A. DiMuccio announced the results during the company’s annual meeting at its corporate headquarters. Amica’s earned premiums […]
Podium Announces Executive Appointments
Podium, the customer messaging platform for businesses, announced the appointment of John Foreman as chief product officer and Tim Milliron as executive vice president of engineering. These executive appointments come on the heels of other recent key hires as Podium continues to scale and modernize the way that business happens on a local level for […]
Cory Lyda Named VP of Key Operations at Dent Wizard
Dent Wizard International announced it will promote Cory Lyda to vice president of Key Operations, a newly created position in response to Dent Wizard’s growing key business. Lyda assumed the position in January. He previously served in various operations management positions in Dent Wizard’s Mid Atlantic Region. The new position is a result of the […]
Gasoline Consumption Continued to Improve in January
The decline in the four-week moving average in January compared to last year was less than in December. While interstate traffic volume is up, more than a third of U.S. households still have at least one person working from home at least part of the time. The latest data from the U.S. Energy Information Administration […]
ProColor Collision Announces First Three Collision Repair Shops Joined U.S. Network in Southern California
Fix Network World announced the opening of the first three ProColor Collison locations in its US network, less than five months after announcing the expansion of its ProColor brand into the American market in September. The first three shops, La Puente, Chino and Yucca Valley, are all located in Southern California. The three shops reflect the […]
CSN Collision Centres Adds First Location in Quebec
CSN Collision Centres announced that they have signed their first collision repair facility in the province of Quebec with the addition of CSN Martin in Quebec City. “I am thrilled that CSN Martin is the first shop to join the network from Quebec, the guys there are true professionals, they do very high-quality work, and […]
Nationwide Expands Venture Capital Investment Fund to $350 Million
Nationwide announced it is expanding its venture capital investment fund to $350 million. The funding will be directed into high-growth potential insurance and financial services startups that directly advance Nationwide’s strategy and enable even greater customer value. To date, Nationwide’s venture capital team has invested in 25 companies and has helped facilitate 31 partnerships between […]
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