Montana Insurance Commissioner Matt Rosendale yesterday issued a cease and desist order against a Tennessee man for selling auto insurance policies to Montanans through an unlicensed and unauthorized company the man created. The State Auditor’s office knows of approximately 20 Montanans, mostly in the Flathead Valley area, who have purchased policies from Mervin Graber through […]
Nissan Joins LexisNexis Telematics Exchange
LexisNexis Risk Solutions announced that Nissan North America has joined the LexisNexis Telematics Exchange. LexisNexis develops solutions to enrich the customer journey and deliver usage-based insurance (UBI) programs for vehicle owners to easily enroll and participate, giving drivers the opportunity to lower their insurance premiums and reduce the cost of vehicle ownership. Mileage data from […]
Texas House Insurance Committee Holds Hearing on Bill That Would Define Collision Repair Labor Rates, OEM Procedure Requirements
Hearing includes an emotional appeal in support of the legislation by Marcia Seebachan, the vehicle owner at the center of the $42 million negligence judgment against a Texas collision repair shop for unsafe collision repairs. At a hearing before the Texas House Insurance Committee on Tuesday, legislators heard from supporters and opponents of Texas House […]
Auto Care Association Accepting Award Nominations
The Auto Care Association announced it is accepting nominations for its 2019 “Impact Award: Four for the Future,” Auto Care Career and Education (ACE) Award and Mort Schwartz Excellence in Education Award. The three awards are given each year to individuals and companies demonstrating excellence in the auto care industry through professional development and educational […]
U.S. Senate Committee Approves Legislation to Enhance Cybersecurity Training for Small Business
The Automotive Service Association (ASA) reports that two bills approved by a U.S. Senate committee late last month would provide its members one more tool to protect their shops from cyber threats. On March 27, the U.S. Senate Committee on Small Business and Entrepreneurship held its first markup of the 116th Congress approving three bills. […]
Caliber Collision Acquires Price’s Collision Centers in Tennessee
FOCUS Investment Banking announced that Price’s Collision Centers of Nashville, Tenn. has been acquired by Caliber Holdings Corporation of Lewisville, Texas. FOCUS represented Price’s Collision Centers in this transaction. Operating 10 centers in central Tennessee and Kentucky, Price’s has served the region for more than 30 years. The transaction was led by FOCUS Managing Directors, […]
Dave Luehr Joins Speaker Line-Up at IBIS Global Summit
IBIS announced that Dave Luehr will be speaking at the 19th IBIS Global Summit to take place at the Grand Hotel Dino in Baveno near Milan, Italy from June 10-12. Based in Nashville, Tenn. and founder of Elite Body Shop Solutions, Luehr is also a keynote speaker and a writer, having co-authored with Stacey Phillips […]
Interview: Ray Fisher, Automotive Service Association
Fisher, who was named executive director of ASA in December, details 2019 initiatives and provides an update on the MSO Symposium and the future of NACE. In our video interview, Ray Fisher, executive director of the Automotive Service Association (ASA) explains that with the incredible pace of change facing both the mechanical and collision sides […]
CARSTAR Adds Collision Repair Center to Network in Michigan
CARSTAR announced the addition of CARSTAR Hamlin Collision Center, an 8,000 sq. ft. collision repair center located at 1527 W. Hamlin Road, in Rochester Hills, Mich., to its network of independently-owned facilities. Having painted his first car at 15, CARSTAR Hamlin Collision Center owner, Chris Homrich, has been in the collision repair industry for his […]
IAA Opens Fourth Location in South Carolina
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services, Inc. (NYSE:KAR), announced the opening of its fourth location in South Carolina. The new location, IAA Lexington, augments the company’s footprint in South Carolina by 35 acres. “We remain diligent and consistent in making strategic investments to meet our customers’ needs and most […]
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