While driving was starting to increase as state lockdowns eased, travel remained considerably below previous year levels. Travel volume in July decreased substantially on a year-over-year basis. July’s result is the fifth straight monthly decline in traffic volume compared to the same month in 2019 driven by the pandemic. While traffic volume had been up […]
Allstate Announces 3,800 Staff Reduction as Part of Restructuring Plan
The Allstate Corporation (NYSE: ALL) announced that to lower costs, a restructuring plan is being implemented which will impact approximately 3,800 employees primarily in claims, sales, service and support functions. According to the company, the move is part of its multi-year Transformative Growth Plan with a goal to increase personal property-liability market share by expanding […]
Uni-Select Says Market Conditions Improved in July and August
Uni-Select Inc. (TSE:UNS) provided a business update for July and August, including market conditions in the U.S., Canada and the U.K., its organic sales growth, the status of its Continuous Improvement Plan and its financial position. According to the company, key industry metrics in the U.S., Canada and the U.K. are showing clear signs of […]
Caliber Calls for Public Nominations for Vehicle Gifts to Frontline Heroes in Dallas-Fort Worth, Los Angeles and New York
Living its purpose of Restoring the Rhythm of Your Life, Caliber, and its portfolio of automotive services brands that include Caliber Auto Care, Caliber Auto Glass, in addition to Caliber Collision the largest auto collision repair company in the U.S., is extending its ‘Restoring You’ community and teammate program. In collaboration with its insurance partners […]
Axalta Partners with Korea Polytechnics Gangneung Campus on Refinish Training
Axalta (NYSE: AXTA) and Korea Polytechnics Gangneung Campus signed a memorandum of understanding (MOU) to offer automotive refinish coating education to college students and Axalta customers in Korea. As part of the partnership, Axalta and Korea Polytechnics will jointly provide refinish training programs to increase the number of skilled refinish talent in the region. As […]
1Collision Adds Collision Repair Center to Network in Arizona
Marks network’s entry into state. 1Collision has added Cutting Edge Collision in Tucson, Ariz. as its first collision center in the state. Cutting Edge is owned and operated by Gary Hagen Jr. Hagen said, “We are excited to become affiliated as the first 1Collision location in Arizona, and look forward to 1Collision helping our business […]
MSO Symposium Announces Major Changes to Program Format
The 2020 MSO Symposium will take place November 9-13 as a series of webinars, scheduled to start daily at 3 p.m. EST. In addition to the daily 90-120 minute webinars, the biggest change will be that all five days will be free to the entire industry. MSO Symposium organizers are encouraging all industry stakeholders to […]
Admiral Seguros To Use Tractable Artificial Intelligence To Assess Vehicle Damage in Spain
For the first time, an insurer in Spain, Admiral Seguros, the Spanish subsidiary of global insurer Admiral, is using artificial intelligence (AI) to create damage valuations and to generate an offer of immediate payment on damaged vehicles. To do this, Admiral Seguros is using an AI solution, developed by the technology company Tractable, which evaluates […]
Kent Automotive Adds Lift King Line for Heavy-Duty Repairs
Kent Automotive, a division of Lawson Products, Inc. (NASDAQ:LAWS), announced an agreement to distribute Lift King portable lifting equipment to collision repair shops, service departments and trucking companies. The Lift King product mechanically lifts and moves semi-truck hoods, car or truck doors and pickup beds, and provides shops with new levels of productivity, safety and […]
Agero Offers Insurers Ability to Add Ridesharing Option for Vehicle Owners After an Accident
Agero, the provider of driver assistance services, announced it has enhanced its digital accident claims management platform to include a new rideshare option for insurers interested in offering alternative transportation to policyholders involved in an accident. The new option, serviced by transportation network company Lyft, complements existing rental car provisions on many policies to improve […]
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