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Additional Auto Insurers Provide Premium Relief

April 15, 2020 By CollisionWeek Editor

The number of auto insurers offering their customers premium relief in the wake of decreased driving the resulting decline in claims continues to grow. Below are additional insurers offering discount programs to their customers. Plymouth Rock Assurance Plymouth Rock Assurance announced that it will apply a 25 percent premium credit on Liability and Personal Injury […]

Filed Under: News Tagged With: Auto Insurance, Coronavirus, Premiums

PPG Commits Over $1.5 million to Support Global COVID-19 Relief Efforts

April 15, 2020 By CollisionWeek Editor

PPG (NYSE: PPG) and the PPG Foundation announced they will contribute more than $1.5 million to organizations supporting immediate community relief efforts and emerging recovery needs amid the impacts of the Coronavirus (COVID-19) crisis. As part of PPG’s global COVID-19 response and support of crucial international and regional needs, grant recipients include: Feeding America: $150,000 […]

Filed Under: News Tagged With: Coronavirus, PPG Industries

U.S. Weekly Gasoline Consumption Down Nearly Half Through April 3

April 14, 2020 By CollisionWeek Editor

Fuel Consumption Gas Pump

Government data shows gasoline consumption down over 47% compared to March 13. Data from the U.S. Energy Information Administration through April 3 showed gasoline consumption declined nearly 50 percent from mid-March. As can be expected given the growth in stay-at-home orders in states across the U.S., the decline in the volume of gasoline supplied to […]

Filed Under: Research Tagged With: Gasoline Demand

State Farm and USAA Announce Auto Insurance Premium Credits in Response to Coronavirus Impact on Driving

April 14, 2020 By CollisionWeek Editor

State Farm and USAA announced programs to provide relief to customers on the auto insurance premiums as a result of the decline in driving due to stay-at-home orders. Collectively, U.S. auto insurers will return more than $10 billion to their customers nationwide, according to an estimate released April 11 by the Insurance Information Institute (Triple-I). […]

Filed Under: News Tagged With: Auto Insurance, Coronavirus, Premiums

CIECA Publishes Webinar on Industry Coronavirus Response

April 14, 2020 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) published video from its April 6 CIECast webinar: How Our Industry is Addressing Challenges Created by the Coronavirus.   In the webinar embedded above, business leaders from different segments of the collision repair industry and highlighted innovative ways companies can continue to provide high-quality service while the coronavirus restrictions […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association, Coronavirus, Webinar

Nexterra Providing No-Contact Mobile Inspections, Repairs, Claims Management

April 14, 2020 By CollisionWeek Editor

Nexterra, LLC, the international automotive restoration, claims and service contract management provider, announced its continued adherence to protocols set forth by the Center for Disease Control (CDC) for safety recommendation guidelines, while continuing to service strategic partners nationally. Nexterra’s no-contact inspections, on-site and concierge repair options for insurance, dealership and collision repair partners and their […]

Filed Under: News Tagged With: Coronavirus, Nexterra Solutions Group

Axalta Donates PPE and Hand Sanitizer to Support Global Coronavirus-Relief Effort

April 14, 2020 By CollisionWeek Editor

Axalta (NYSE:AXTA) announced that it is leveraging its global operations and technical know-how to provide critical equipment and products to people and organizations in its local communities around the world. “Axalta is committed to worldwide efforts to support the safety, health, and well-being of hospital professionals, first responders, and our employees,” said Robert Bryant, Axalta’s […]

Filed Under: News Tagged With: Axalta Coating Systems, Coronavirus

Collision Repair Facilities Report More Layoffs, Sales Declines, Improved Confidence

April 9, 2020 By CollisionWeek Editor

Collision Repair Business Conditions

Collision repair facilities remain open but business has slowed dramatically in the second half of the month. Shops more optimistic in most recent study compared to mid-March. The vast majority of collision repair facilities responding to a CollisionWeek study last week were open, but have seen more slowdowns at the end of March versus mid-month […]

Filed Under: Research Tagged With: Business Conditions, Coronavirus

Progressive, Farmers and Travelers Join List of Auto Insurers Offering Credits and Rebates to Policyholders

April 9, 2020 By CollisionWeek Editor

Another three of the top 10 auto insurers have launched programs to provide credits or refunds on auto insurance premiums during the coronavirus crisis. Progressive Insurance, the third largest private passenger auto insurer in the U.S.; Farmers Insurance, the sixth largest auto insurer, and Travelers, the tenth largest auto insurer, announced programs over the past […]

Filed Under: News Tagged With: Auto Insurance, Coronavirus, Premiums

Auto Recyclers Association COVID-19 Relief Fund Secures Over $50,000 in Two Days

April 9, 2020 By CollisionWeek Editor

The Automotive Recyclers Association (ARA) announced April 8 that a relief fund that was set up for professional automotive recyclers impacted by the COVID-19 virus has received a matching donation for $20,000.  Along with a few other donations by recyclers, that brings the total to $51,000 in just 2 days.  “I was absolutely surprised when […]

Filed Under: News Tagged With: Automotive Recyclers Association, Coronavirus

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