Highway Loss Data Institute reports on 2006-2018 claim analysis. In 2018, the average cost of an animal strike claim was $3,875 Animal-strike-related insurance claims are more than twice as frequent as the yearly average in November, when the search for a mate keeps the big bucks on the move, according to an analysis of claims […]
All Star Auto Lights Opens Distribution Center in Colorado
All Star Auto Lights, the distributor of replacement automotive headlights, announced that it has opened its eighth distribution center. The 14,506 sq. ft. building is located in the Denver, Colo. Metro area at 6333 E 56th Ave., Commerce City. Founded in 2004 and based in Orlando, Florida, All Star is a distributor of replacement alternative […]
Fix Auto UK Announces Award at Annual Dinner
Fix Auto Luton and its co-owner Mo Givian are celebrating after winning four major awards during the 2019 Fix Auto UK Building on Success National Conference Awards Dinner. In front of a record number of delegates, insurer guests and suppliers at the prestigious Silverstone Wing venue at the home of British motor-racing, the Bedfordshire repairer […]
Focus Advisors Launches Specialized Collision Repair Industry Investment Banking Services
FOCUS Advisors, an independent investment banking practice, has been launched by Managing Director David Roberts. FOCUS advises collision industry entrepreneurs seeking capital, partners or representation in an M&A transaction. “Change is accelerating. In just the last 12 months we’ve seen Caliber and ABRA merge, Joe Hudson’s gain an aggressive private equity investor, and over 20% […]
Susan Sell Appointed Chief Financial Officer at Snapsheet
Snapsheet announced today the appointment of Susan Sell to Chief Financial Officer. In this role, Sell will lead the accounting and finance functions for the growing insurtech. Sell brings more than 20 years of experience in finance, with a focus on high-growth companies, in the technology and professional services industries. Most recently, she served as […]
AASP/NJ Annual Meeting Features Member Achievement Awards
During its October 17 Annual Meeting at Gran Centurions in Clark, N.J., the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) conducted a special awards ceremony recognizing many longtime members, held its Board of Directors election and heard an engaging presentation by keynote speaker Danny Gredinberg, administrator of the Database Enhancement Gateway (DEG). Re-elected […]
Enterprise Holdings Reports Record Revenue for 10th Consecutive Year
Generating worldwide revenue of $25.9 billion in fiscal year 2019 (FY2019), Enterprise Holdings, Inc. and its affiliate Enterprise Fleet Management achieved record revenue for the tenth consecutive year. “The strength of Enterprise Holdings – the car rental business as well as the adjacent business lines – is a testament to employees’ unwavering focus on offering […]
AAA Foundation Reports Number of Licensed Teen Drivers on the Rise
More teens are obtaining their license before the age of 18. More than 60% of teens got their driver’s license before the age of 18, according to new research from the AAA Foundation for Traffic Safety. An 11% increase since 2012. The new report reveals a changing trend in teen licensure from when the Foundation […]
U.S. Army and General Motors Collaborate on Automotive Cybersecurity
Engineer exchange program focuses on vehicle penetration testing and risk analysis. The U.S. Army CCDC Ground Vehicle Systems Center (GVSC) and General Motors announced a new cooperative research and development agreement (CRADA) which aims to strengthen GM’s and the Army’s automotive cybersecurity expertise over the next two years. This marks the first automotive cybersecurity partnership […]
Jerome Grant Named CEO at Universal Technical Institute
Succeeds Kimberly McWaters who will retire October 31. Universal Technical Institute, Inc. (NYSE: UTI) announced that Kimberly J. McWaters has advised the Board that she will retire as Chief Executive Officer effective October 31. McWaters will continue to serve on the Board of Directors as a non-executive director. Jerome A. Grant, the company’s Executive Vice […]
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