Tokio Marine will use Tractable’s artificial intelligence (AI) solution that employs computer vision to look at photos of vehicle damage to process auto damage claims across its insurance operations in Japan. According to the announcement, Tokio Marine will use the AI to understand the full range of repair decisions available to it, including recommended repair, […]
Clearcover Partners with Snapsheet for Claims Management Platform
Snapsheet announced a new strategic partnership with Clearcover, an auto insurance startup. The collaboration between the two Chicago-based insurtech companies integrates Snapsheet’s claims management software to power Clearcover’s approach to auto insurance. Snapsheet’s software-as-a-service (SaaS) claims management platform provides engagement tools from electronic first notice of loss (eFNOL) to directly depositing payments into customers’ bank […]
September Automechanika Frankfurt Event Postponed Until Next Year
The bienniel event in Germany will now be held from September 14-18, 2021. Messe Frankfurt announced that due to conditions resulting from the corona pandemic and measures taken to stem its spread, the organization along with its customers, partners and supporting associations have agreed to postpone the Automechanika Frankfurt event that was originally scheduled to […]
Axalta Reports First Quarter Sales Down Due to COVID-19 Impact on Demand
Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales of $983.5 million in the first quarter ended March 31. Sales decreased 12.1% year-over-year, including a 2.1% negative foreign currency impact and negative 1.5% year-over-year impact from the sale of a China JV interest in Q2 2019. Constant currency organic net sales decreased 8.5% in the period, […]
Louisiana Insurance Commissioner Calls for Commercial Auto Insurance Premium Discounts
Louisiana Insurance Commissioner Jim Donelon has called upon commercial vehicle insurers to review their Louisiana policies and consider returning a percentage of premium to policyholders whose businesses have been impacted by the stay at home orders put in place as a result of the Coronavirus pandemic. Following these emergency declarations, many commercial fleet operators are […]
Women’s Industry Network Announces 2020 Scholarship Recipients
The Women’s Industry Network (WIN) announced the 11 recipients to receive the 2020 WIN College Student Tuition and Conference Scholarship Award. The scholarships are presented annually to deserving students enrolled in a post-secondary collision repair technology programs. Each recipient receives a $1,000 scholarship to continue their post-secondary education in collision repair and complimentary registration to […]
Traffic Volume Improved Week Ending May 1
The latest connected vehicle traffic volume data indicates that traffic volume increased again last week. According to the latest INRIX U.S. National Traffic Volume Synopsis covering the week of April 25 through May 1, travel continued to rebound, particularly personal travel. Nationwide personal travel improved levels last seen on Wednesday, March 25th, over five weeks […]
NFIB Urges SBA to Make Changes in PPP Loan Program to Benefit Small Businesses
The National Federation of Independent Business (NFIB) made several recommendations to the United States Small Business Administration and United States Department of the Treasury to ensure that the Payment Protection Program (PPP) loans work as Congress intended for small businesses. In a letter to the Treasury Department and the Small Business Association this week, NFIB […]
Carolinas Collision Association Pledges Support for Collision Repair Schools
The Carolinas Collision Association has pledged to raise $250,000 in in-kind, product donations to support North Carolina and South Carolina high school and college collision repair schools and technical programs over the summer through the Collision Repair Education Foundation (CREF). These donations, tax-deductible through CREF, include spare parts (fenders, bumper covers, etc), tools, equipment, paint, […]
Beth Rutter Named Director Industry and Customer Engagement, North America for Tradiebot Industries
Tradiebot Industries, the Australia-based immersive technology software company, announced the appointment of Beth Rutter to lead the company’s expansion into the North American market. Rutter brings more than 20 years of leadership experience in the collision repair industry to her new role as Director of Industry and Customer Engagement, North America. Tradiebot has has developed virtual […]
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