Voluntary policies increased by over 1 million last year. Claims frequency declined, but severity increased. Berkshire Hathaway reported its 2019 earnings on February 22, including details of its GEICO Insurance operations. GEICO’s premiums written and earned in 2019 increased 5.5% and 6.6%, respectively, compared to 2018. According to the company’s annual report, these increases were […]
Progressive Plans to Hire 8,000 New Employees in 2020
Progressive intends to hire up to 8,000 new employees in 2020, marking another year of stability and growth for the insurance company. With an increase in customers and total revenues topping $39 billion, the company needs more employees to support continued growth in auto, property, commercial lines and recreational products insurance at more than 250 […]
IAA’s Michael Ortega to Present During March 17 CIECA Webinar
The Collision Industry Electronic Commerce Association (CIECA) announced that its next CIECAst technical webinar will feature Michael Ortega, senior director of Application Development at IAA. Ortega’s presentation, The Key to Collaboration: Combining Technology and Communication, will be held on Tuesday, March 17, at noon (EDT). All industry segments, including CIECA members and non-members, are invited […]
BASF Selects Finalists for R-M Best Painter Contest
Five painters from across North America have been chosen to compete this month at the R-M Best Painter Contest 2020 North American Finals in Whitehouse, Ohio. From February 27-29, these finalists will compete for a chance to win a trip to Paris, France, sponsored by BASF, to represent North America at the International Finals held […]
Tiffany Mason Named Chief Financial Officer at Driven Brands
Driven Brands, the parent of CARSTAR and other automotive aftermarket franchise brands, announced Tiffany Mason is joining the company as its new Executive Vice President and Chief Financial Officer effective March 2. “I am thrilled to welcome Tiffany to the Driven Brands family,” said Jonathan Fitzpatrick, Chief Executive Officer at Driven Brands. “Tiffany is a […]
California Collision Repair Shops Charged with Felony Insurance Fraud
Department of Insurance and Contra Costa District Attorney’s office undercover sting results in eight felony charges against four individuals. To crack down on automobile insurance fraud, the California Department of Insurance, Contra Costa County District Attorney’s Office and the National Insurance Crime Bureau (NICB) conducted an undercover sting operation targeting collision repair facilities across Contra […]
Ford Motor Company Launches Usage-Based Insurance Program in Partnership with Nationwide Insurance
Customers can opt in and share driving data with Nationwide, will have access to Nationwide Accident Forgiveness option as well as collision repairs using genuine Ford parts. Ford Motor Company announced a partnership with Nationwide Insurance to offer a usage-based insurance program to new vehicle owners. Ford Insure and Lincoln Motor Company Insure, powered by Nationwide, […]
CAPA Announces 2020 Board of Directors
The Certified Automotive Parts Association (CAPA) announced the election of six new members to its Board of Directors. Joining the Board are: Dave Prejna, Allstate Insurance; Rob Howard, Farmers Insurance; Jim Gadberry, Nationwide Insurance; Anne Warner, USAA Insurance; Bill Lawrence, 1st Certified Collision Centers; and Tim Adelmann, Driven Brands. The Board is comprised of members […]
FinishMaster Launches First Annual Hood Master Challenge
FinishMaster announced its First Annual Hood Master Challenge competition for refinish professionals. Contests have until March 6 to register for the competition. Each contestant will receive a free mini hood from FinishMaster create a work of automotive art. Contestants will have 30 days to create their artwork and return it to FinishMaster. More information and […]
Farmers Insurance Partners with National Auto Body Council on Veteran Vehicle Donations
Farmers Insurance recently donated three newly refurbished vehicles to veterans during a special ceremony at Copart’s Willis Johnson Ranch in Celina on Thursday, February 6. Farmers worked with Service King, Crest Auto Group and Gerber Collision & Glass to restore the vehicles for the recipients as part of the National Auto Body Council (NABC) Recycled […]
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