Crash Champions, LLC announced March 29 the acquisition of Collision Repair Center, Inc. in East Moline, Ill., adding to its growing national footprint. This acquisition follows the company’s 2020 acquisitions of Chicago Collision, DuPage Auto Body and Albany Auto Body in the greater Chicago area, as well as Arnold’s Auto Body, Inc., in nearby Davenport, […]
Service King Launches Contactless Digital Scheduling Service
Service King announced today the launch of its 24/7 contactless Self-Schedule Service. Since launching the service in January, Service King has fulfilled nearly 11,000 customer appointments. Based on customer use, the average time to schedule an appointment is under three minutes. The self-scheduling process creates a personalized workflow from automatically recommending the earliest available appointment […]
Hertz Completes Sale Donlen Corporation
Hertz Global Holdings, Inc. (OTCPK: HTZGQ) today announced the completion of the sale of its wholly-owned subsidiary, Donlen Corporation to Athene Holding Ltd. (NYSE: ATH) that was announced in November. Hertz received $891 million in cash proceeds per the terms of the transaction, subject to certain adjustments post-closing based on the level of assumed indebtedness, […]
State Farm Announces 50% Greenhouse Gas Reduction Goal by 2030
Insurer releases its first environmental, social, and governance report. State Farm announced its commitment to an environmentally sustainable future with a goal to reduce its greenhouse gas (GHG) emissions by 50 percent by the end of 2030. The company shared a new environmental sustainability goal for the future and a new report documenting the company’s […]
CCC Introduces Redesigned Repair Methods with Enhanced OEM Data
CCC Information Services Inc. (CCC) announces today the redesign of CCC Repair Methods, launching the solution with General Motors (GM) as the first OEM. CCC Repair Methods now includes OEM repair procedures displayed as the OEM presents information in its own repair procedure guides. In addition, CCC Repair Methods includes a new user interface, allowing […]
NY Attorney General Announces Conviction of Long Island Towing and Repair Facility for Tax Evasion
Businesses underreported sales by more than $8 million over 10 year period. New York Attorney General Letitia James and New York Commissioner of Taxation and Finance Michael Schmidt announced March 26 the guilty pleas of two Long Island auto repair shops and their owner for tax evasion. Broadway Towing, Inc. and Broadway Auto & Towing, […]
AASP/NJ Looks Forward to Northeast Trade Show
Collision repair industry invited to participate in September 10-12 event. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) is looking forward to the return of its flagship event this fall. According to the association, the 2021 NORTHEAST Automotive Services Show, originally scheduled for March 19-21 and now set for September 10-12, at the […]
Chubb Responds to Hartford Rejection of Acquisition Offer
Chubb Limited (NYSE: CB) today issued a statement in response to the recent statement from the board of Hartford Financial Services Group Inc. (NYSE:HIG) rejecting Chubb’s acquisition offer for the insurer. According to Chubb, “As demonstrated by our industry-leading returns and underwriting performance, we have created an unsurpassed franchise in the insurance industry and its […]
Allstate Completes Exit of Life and Annuity Businesses
The Allstate Corporation (NYSE: ALL) has agreed to a transaction in which Wilton Re will pay $220 million to acquire Allstate Life Insurance Company of New York (ALNY). The transaction is expected to close in the second half of 2021, subject to regulatory approval and other closing conditions. This transaction, along with the agreement announced […]
NASTF to Launch Assisted Immobilizer Reprogramming Service
During the week of April 5, the National Automotive Service Task Force (NASTF) will be launching the new Assisted Immobilizer Reprogramming (AIR) service. Every so often, a repair facility may need to replace or reprogram a module that involves the vehicle’s security systems. Until now the only way to do that was with a NASTF […]
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