Latest data from Enterprise-Rent-A-Car shows slight uptick in rental times in the first quarter compared to last year. Overall U.S. LOR for Q1 2021 remained stable compared to Q1 2020, with an increase of only 0.1 days, according to the latest report from Enterprise-Rent-A-Car. Since COVID’s impact on 2020 LOR was most evident in April’s […]
Driven Brands Reports First Quarter Revenue Up 83% Over Prior Year
Same store sales up 0.5%, Paint, Collision & Glass group down over 9% compared to last year. Driven Brands Holdings Inc. (NASDAQ: DRVN) on April 28 reported revenue for its first quarter ended March 27 was $329.4 million, an increase of 83% versus the prior year. The company attributed the growth to its acquisition of […]
Fundamental Underwriters Partners with Snapsheet Appraisal Services
Fundamental Underwriters, a specialty managing general underwriter with expertise in mid-market trucking insurance, announced a partnership with Snapsheet to utilize its appraisal services. As a division of AF Group – collectively one of the nation’s largest writers of specialty insurance – Fundamental Underwriters is focused on delivering exceptional mid-market trucking insurance solutions. “Fundamental Underwriters continues […]
Cynthia Ball Named Performance Management Director at Certified Collision Group
Certified Collision Group (CCG) announced that it hired twenty-year industry veteran, Cynthia Ball, in the position of Performance Management Director, Insurance Services Group. “Serving independent affiliates and doing so through our strategic partnerships remains paramount in CCG’s continued growth and expansion,” said Marty Evans, CCG’s Chief Operating Officer. “Hiring a high-quality, smart and passionate veteran […]
Families in Career Technical Education More Satisfied with Education, Prepared for College
Advance CTE released findings April 28 from a national survey of over 2,000 middle and high school families on effective messages and messengers for recruiting learners to participate in Career Technical Education (CTE) programs. Communicating Career Technical Education: Learner-centered Messages for Effective Program Recruitment, released with support from the Siemens Foundation, is an update to […]
Consumer Confidence Continued to Grow in April
Record job prospects outweigh inflation concerns. April surveys recorded continued gains in consumer confidence due to a growing sense that the upward momentum in jobs and incomes is likely to persist, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 88.3 in the April 2021 survey, up from 84.9 […]
Classic Collision Announces Multiple Collision Repair Shop Acquisition in South Carolina
Classic Collision, LLC announced the acquisition of four Performance Collision Centers in South Carolina. Classic Collision now has five South Carolina locations and operates 70 centers total in Georgia, Florida, Alabama, South Carolina, and California. Performance Collision Centers have been serving the Myrtle Beach community for several years. They have also recently added locations in […]
Final Week for Collision Industry Foundation Online Silent Auction
The Collision Industry Foundation (CIF) announced that its virtual silent auction will remain open for bidding through this Friday, May 7 until 3 p.m. (EDT). Registration for the event is available online. There are up to 30 items to bid on, with something for everyone. Bid on sports memorabilia like autographed items by Joe Namath, […]
Registration Open for MACS 2021 Training Event and Trade Show
Registration is now open for ACcess, the Mobile Air Climate Systems Association, (MACS) 41st annual Training Event and Trade Show to be held September 30-October 2 at the Rosen Centre Hotel, Orlando, Fla. The event had been rescheduled due to the global pandemic. MACS is planning its 2021 Training Event with careful consideration to the […]
LexisNexis Report Shows 60% of Auto Claims Being Handled Virtually One Year After Start of Pandemic
LexisNexis Risk Solutions today released its 2021 Future of Claims Report, revealing how the COVID-19 pandemic has accelerated claims automation. The report includes actionable insights for auto insurance carriers to improve their customer experience and turn virtual claims processing into a competitive advantage. The secret? Offering a hybrid model of self-service claims with access to […]
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