OEConnection LLC (OEC) announced it has completed integration of its DMS Connect technology solution with all five major Dealer Management System (DMS) providers in the United States and Canada. The solution connects a dealership’s DMS data with real-time inventory and pricing feeds, and links with the OEC solutions in which the dealership is enrolled, ensuring […]
GEICO Files Second Federal RICO lawsuit in Arizona Against Auto Glass Repairer Alleging $650,000 Fraud
Lawsuit alleges auto glass firm forged customer signatures and falsified invoices from auto dealers for glass purchases. GEICO has filed a federal lawsuit in Arizona against a second auto glass repair shop the insurers alleges submitted fraudulent glass repair bills. The case, Government Employees Insurance Company, et al. v. Advantage Auto Glass, LLC, et. al., […]
Fix Auto Canada Adds Collision Repair Center to Network in New Brunswick
Fix Auto Canada announced that Fix Auto Bathurst located in Bathurst, New Brunswick has joined its network. The collision repair center is a part of the Hatheway organization, which also includes Ford, Nissan and Toyota dealerships. “Providing our customers with the best possible service has always been our number one priority,” said David Hatheway, President […]
Court Upholds California DOI $27.5 Million Fine Against Mercury Insurance for Charging Additional Fees for Auto Insurance
Yesterday, the California Court of Appeal upheld a $27.5 million fine the Department of Insurance issued against Mercury Insurance Company for charging illegal fees that should have been disclosed as premiums, a violation of Proposition 103. The fine is the largest in the Department’s history against a property and casualty insurer. In 2015, the Commissioner […]
KAR Auction Services Reports First Quarter Revenue Up 10%
CEO says firm advancing proposed spin-off of Insurance Auto Auctions. KAR Auction Services, Inc. (NYSE: KAR) reported its first quarter revenue of $1.0468 billion as compared with revenue of $950.5 million for the first quarter of 2018, an increase of 10 percent. Net income for the first quarter of 2019, ended March 31, decreased 14 […]
LKQ Announces Exclusive Distribution Agreement with GUNIWHEEL
LKQ Corporation announced it has reached an agreement with GUNIWHEEL LLC for the exclusive distribution of the GUNIWHEEL System for North America and Europe. The GUNIWHEEL is a universal four and five lug bolt pattern transport wheel that can be used as an alternative method to temporary jack stands or lifts. When a vehicle has […]
U.S. Property-Casualty Insurers Report 66% Increase in Net Income in 2018
Results driven by growth in premiums and decline in catastrophe losses. Private U.S. property/casualty insurers saw their net income after taxes rise to $60 billion in 2018 from $36.1 billion in 2017—a 66.3 percent increase—helped by double-digit premium growth and a significant decline in catastrophe losses, according to Verisk (NASDAQ:VRSK) and the American Property Casualty […]
MSO Symposium Moves to Las Vegas in November
The 8th Annual MSO Symposium will take place on Monday, November 4th, 2019 in Las Vegas, Nev. in conjunction with other collision repair industry meetings taking place around the SEMA show. The event will be held at the Renaissance Las Vegas Hotel starting at noon with a networking lunch. The program will begin at 1 […]
SkillsUSA Names 24 Schools as National Models of Excellence
SkillsUSA recently named 24 SkillsUSA chapters as Models of Excellence for 2019. At the top level of SkillsUSA’s Chapter Excellence Program, these schools are recognized for the exceptional integration and application of personal, workplace and technical skills in their SkillsUSA chapter activities. This is the highest award bestowed on chapters by SkillsUSA, which is one […]
Toyota Launches New $100 Million Venture Fund to Invest in Autonomous Mobility and Robotics Startups
Silicon Valley-based venture capital firm Toyota AI Ventures (TAIV) announced its Fund II, a new $100 million fund dedicated to investing in early-stage startups developing disruptive technologies and business models in the autonomous mobility and robotics markets. Led by founding managing director Jim Adler, who also serves as executive advisor at the Toyota Research Institute […]
- « Previous Page
- 1
- …
- 563
- 564
- 565
- 566
- 567
- …
- 972
- Next Page »