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Majority of Top 10 Largest Auto Insurers Grew Market Share During 2019 in the U.S.

March 31, 2020 By CollisionWeek Editor

The overall market share of 10 largest private passenger auto insurers in the U.S. increased compared to 2018. The 10 largest private passenger automobile insurers saw their market share increase in 2019, after a slight decline in 2018 compared to the previous year. The top 10 insurers accounted for almost three out of every four […]

Filed Under: Research Tagged With: Auto Insurance

Axalta Concludes Strategic Alternatives Review

March 31, 2020 By CollisionWeek Editor

Axalta Coating Systems Ltd. (NYSE:AXTA) today announced that its Board of Directors has concluded its review of strategic alternatives that was announced last June.  Over the course of the nine-month review, Axalta’s Board, led by its Strategic Review Committee, explored multiple alternatives to maximize shareholder value, including a comprehensive sale process for the company, as […]

Filed Under: News Tagged With: Axalta Coating Systems

Mitchell Announces AI-Enable Intelligent Estimating Solution

March 31, 2020 By CollisionWeek Editor

Mitchell today announced U.S. commercial availability of Mitchell Intelligent Estimating an artificial intelligence (AI)-enabled claims automation solution. The solution, first announced at Mitchell’s mPower Conference in October 2019, provides an end-to-end framework that leverages artificial intelligence, a cloud-based estimating system, and patent-pending intellectual property and data – which turns photos of damaged vehicles into component-level […]

Filed Under: News Tagged With: Artificial Intelligence, Claims Technology, Mitchell International, Photo Estimating

CCC Launches COVID-19 Pandemic Small Business Resource Center

March 31, 2020 By CollisionWeek Editor

CCC Information Services Inc. (CCC) announced the creation of an information and resource page to help small businesses across the industry facing mounting challenges related to the COVID-19 pandemic. The resource guide includes links about the Small Business Administration loan program, related loan application forms, and information on legislative and industry relief efforts.  “Every person, […]

Filed Under: News Tagged With: CCC, Coronavirus

ASE Certification Expiring on June 30 Extended Until December 31

March 30, 2020 By CollisionWeek Editor

ASE has automatically extended all ASE certifications expiring on June 30, 2020 to a new date of December 31, 2020, it was announced today by Tim Zilke, president and CEO of the National Institute for Automotive Service Excellence (ASE).  “During these challenging times, we don’t want service professionals to worry about expiring ASE certifications. To […]

Filed Under: News Tagged With: ASE, Certification

CIECA April 6 Webinar Addresses How Industry is Addressing Coronavirus Challenges

March 30, 2020 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) will host a webinar on April 6 at noon (EDT) on How Our Industry is Addressing the Challenges Created by the Coronavirus Speakers from various segments of our industry will highlight innovative ways companies can continue to provide high-quality service while coronavirus restrictions are effective on our industry.   […]

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

PPG Donates 80,000 Masks to Hospitals in Pittsburgh, New York, Cleveland, Detroit, Huntsville to Support Coronavirus Relief Efforts

March 30, 2020 By CollisionWeek Editor

PPG (NYSE:PPG) announced that it will donate 80,000 masks to hospitals in Pittsburgh, New York, Cleveland, Detroit and Huntsville, Ala., in support of Coronavirus relief efforts. A supply of 20,000 N95 masks were recently distributed to UPMC and Allegheny Health Network hospitals in Pittsburgh, PPG’s global headquarters community. An additional 50,000 surgical masks and 10,000 […]

Filed Under: News Tagged With: Coronavirus, Donations, PPG Industries

AASP/NJ Members Donate Much-Needed Supplies during Coronavirus Crisis

March 30, 2020 By CollisionWeek Editor

Members of the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) have stepped up to donate much-needed supplies to health, safety and rescue personnel. While cleaning his shop during this downtime, Ted Rainer of Ocean Bay Auto Body in Point Pleasant discovered he still had several boxes of N95 respirators that he had purchased […]

Filed Under: News Tagged With: AASP/NJ, Coronavirus, Donations

CCC Donates $100,000 to Industry COVID-19 Fund

March 30, 2020 By CollisionWeek Editor

The Collision Industry Foundation (CIF) announced that CCC Information Services Inc. (CCC) has donated $100,000 to the CIF COVID-19 fund to support collision repair professionals impacted by the COVID-19 pandemic, matching the initial $100,000 funded by CIF.   CIF is the charitable arm of the collision repair industry and is dedicated to raising, managing and donating […]

Filed Under: News Tagged With: CCC, Collision Industry Foundation, Coronavirus, Donations

Outlook for National Economy in Wake of COVID-19 Response Weighs on March Consumer Sentiment

March 27, 2020 By CollisionWeek Editor

March 2020 Index of Consumer Sentiment

Consumer sentiment tumbled 11.9 index points in March, the fourth-largest one-month decline in nearly a half century, according to the University of Michigan Surveys of Consumers. The University of Michigan Consumer Sentiment Index fell to 89.1 in the March 2020 survey, down from 101.0 in February and 98.4 in last March’s survey. The Expectations Index […]

Filed Under: News Tagged With: Consumer Sentiment Index, University of Michigan

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