Solera Holdings, Inc. announced that it has acquired eDriving, the digital driver risk management partner for many of the world’s largest commercial fleets. This acquisition expands Solera’s position serving all constituents engaged in vehicle lifecycle management. eDriving identifies and remediates risky commercial driver behavior. The company’s flagship product, Mentor by eDriving, provides a unique smart-phone-based […]
Fix Auto UK Adds Collision Repair Center to Network in Devon
Three months after revealing plans to expand and develop a secondary site, Fix Auto Mid Devon owner Louise Woolacott and her daughters Erika and Alena on June 1 opened the doors to Fix Auto Newton Abbot. The 6,000 sq. ft. collision repair center has been designed and developed to complement their existing site and further […]
Progressive Completes Acquisition of Commercial Insurer Protective Insurance
The Progressive Corporation (NYSE:PGR) announced that it has successfully completed the acquisition of Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB). Under the terms of the merger agreement, holders of Class A and Class B common shares of Protective will receive $23.30 per share in cash, without interest, for a total transaction value of approximately $338 […]
Legislation to Limit Length of Auto Design Patents Introduced in U.S. House of Representative
Bipartisan legislation seeks to reduce collision repair costs by limiting the length of time vehicle manufacturer exterior parts would be protected from competition. Congressman Darrell Issa (CA-50), Ranking Member of the Subcommittee on Courts, Intellectual Property and the Internet in the House Judiciary Committee, announced June 1 the introduction of bipartisan legislation to limit […]
Allstate Acquires SafeAuto
Will leverage its National General platform to grow personal property-liability business. The Allstate Corporation (NYSE: ALL) announced it has agreed to acquire SafeAuto, a non-standard auto insurance carrier focused on providing state-minimum private-passenger auto insurance with coverage options in 28 states. Total consideration includes a $270 million cash purchase price plus approximately $30 million in […]
Peg Burr Named SVP of Product Management at IAA
IAA, Inc. (NYSE: IAA) has appointed Peg Burr as Senior Vice President of Product Management. Burr will leverage her extensive product strategy and management expertise to further the product leadership position that IAA has established in the industry. “We are excited to welcome Peg to the team,” said IAA CEO and President John Kett. “She has extensive […]
Compliance Training Library Now Available in KPA EHS Software
KPA, the provider of Environment, Health & Safety (EHS) compliance solutions, announced that its compliance training is now available in the KPA EHS Software platform. KPA’s online training library provides KPA EHS users with a wealth of courses that will meet their business’s unique compliance and safety needs. “As KPA EHS continues to evolve, leveraging […]
Maaco Launches New National Ad Campaign
Maaco announced the launch of its national integrated advertising campaign, ‘The Upside of Uh-Ohs.’ The campaign kicks off with a musically driven TV spot, directed by Grammy award-winner Joseph Kahn, that refreshes the iconic brand tagline, ‘Uh-Oh, Better Get Maaco’. The creative campaign is rooted in the brand’s almost 50-year reputation as the one to […]
June is Automotive Service Professionals Month
The National Institute for Automotive Service Excellence (ASE) has designated June as Automotive Service Professionals Month (ASPM), a time to recognize automotive service professionals who are proficient, credentialed and committed to excellence. Many shops, suppliers and industry organizations will celebrate these professionals now through June 30. ASE has developed special creative materials that can be […]
Consumer Sentiment Index Declines in May on Inflation Concerns
Record concerns about rising prices weigh on index. A falloff in consumer confidence in May is due to surging inflation that consumers anticipate will persist in the year ahead, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 82.9 in the May 2021 survey from 88.3 in April, although […]
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