Underwriting results in the U.S. private passenger auto insurance segment has shown further stabilization in first-half 2024 following improvements in 2023, according to a new AM Best report. Due to the improved segment performance and other factors, AM Best has revised its outlook on the personal auto segment to stable from negative. According to the […]
LearnEV+ and CarTechIQ Announce Joint Venture to AI-Enable Heavy-Duty Diagnostics
LearnEV+ and CarTechIQ have joined forces to launch GlobalTechIQ, LLC., a joint venture delivering AI diagnostic technology for heavy-duty and off-highway vehicle repairs. This collaboration, operating under the name HeavyDutyIQ, leverages live, context-based AI solutions to transform repair processes and empower technicians with real-time, accurate recommendations. GlobalTechIQ’s AI assistant processes data from a broad array […]
California Body Shop Owner Pleads Guilty to Underreporting Nearly $1.2 Million in Income
Will pay over $300,000 in back taxes and $250,000 penalty. The Internal Revenue Service Criminal Investigation (IRS-CI) agency announced that the owner of a Fullerton, Calif.-based auto body shop pleaded guilty November 15 to filing false tax returns for tax years for tax years 2015 to 2022, underreporting his income by at least $1,184,914. In […]
Pacific Collision Equipment Acquired by Kalix River Holdings
Focus Advisors, the automotive mergers and acquisitions advisory firm, announced that its client, Pacific Collision Equipment, has been acquired by Kalix River Holdings. Owned and operated by Robert Hornedo, Pacific Equipment sold and serviced Car-O-Liner equipment to collision repairers in Southern California across 1,280 zip codes. “I enjoyed my time in the industry and took […]
Copart Reports Fiscal First Quarter Revenue of $1.15 Billion
Copart, Inc. (NASDAQ: CPRT) reported for its fiscal first quarter ended October 31 revenue was $1.15 billion, gross profit was $512.1 million, and net income attributable to Copart, Inc. was $362.1 million. These represent an increase in revenue of $126.4 million, or 12.4%; an increase in gross profit of $48.1 million, or 10.4%; and an […]
Enterprise and A.D. Banker Announce Refreshed Continuing Education Course for Insurance Professionals
Enterprise and A.D. Banker announced the relaunch of a continuing education course about rental reimbursement coverage for insurance professionals. The refreshed course includes new data and is now available in an on-demand, online format. With costs covered by Enterprise, the course offers a free opportunity for insurance professionals to complete credits toward retaining their license […]
U.S. Traffic Volume Down in September Compared to 2023 as Hurricane Impacted South Atlantic and Gulf Regions
Rolling 12-month traffic through September up over 1% compared to previous year and nearing pre-pandemic peak. Traffic volume in September was down slightly as Hurricane Helene impacted several states in the South Atlantic and South Gulf regions during the last several days of the month. Hurricane Helene made landfall in the Big Bend region of […]
LexisNexis Reports New Auto Insurance Policy Volume at Record Levels in Third Quarter as Consumers Shop for Better Rates
For the second consecutive quarter, the LexisNexis U.S. Insurance Demand Meter recorded “Nuclear” levels of auto insurance shopping and new policy volumes, while the latter set a new record for growth since LexisNexis Risk Solutions first began tracking U.S. insurance consumer shopping behavior more than a decade ago. Insurer-led marketing programs fueled activity among price-sensitive […]
IAA Announces New Market Alliance in Oman
RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced that IAA has launched a new Market Alliance with North America Trading L.L.C. in the country of Oman. Through this agreement, IAA will open auction centers in three cities strategically located throughout Oman by the end of 2025. This strategic alliance reaffirms IAA’s commitment to expanding its […]
Registration Open for Women in Auto Care Leadership Conference
Women in Auto Care, a community of the Auto Care Association announced the opening of registration for its annual Women in Auto Care Leadership Conference. The conference will take place Feb. 18-20 in Atlanta, Ga. at the Starling Curio Collection by Hilton. The 2025 conference theme is “Navigating the Road Ahead”. The 2025 Women in […]
- « Previous Page
- 1
- …
- 65
- 66
- 67
- 68
- 69
- …
- 1097
- Next Page »