According to the study, California drivers have saved $154 Billion over 30 years of active insurance oversight. Auto insurance rates have risen at a significantly slower pace in states that actively regulate auto insurance prices than those with less vigorous oversight processes, according to an analysis of nearly 30 years of data released today by […]
White House Issues Directive to Advance Artificial Intelligence Research
President Trump issued an executive order directing the Federal Government to prioritize research and development of America’s artificial intelligence (AI) capabilities. The initiative focuses Federal Government resources toward developing AI technology and ensuring that the next great AI inventions are made in the United States. The initiative will support long-term research and increase researcher access […]
LIABRA and Auto Body Craftsmen’s Guild February 19 Meeting Provides Estimatics Training
The Long Island Auto Body Repairmen’s Association (LIABRA) and the Auto Body Craftsmen’s Guild will host a joint meeting on Tuesday February 19, 2019 at 7 p.m. at Barry’s Auto Body on 4301 Amboy Road, in Staten Island, N.Y. The meeting will feature Billy Vallely of Body Shop Rescue who will provide a two-hour comprehensive […]
Allstate Reports Auto Policies in Force Up in Fourth Quarter
Allstate brand auto net written premiums up 5.7 percent in 2018. Sees increase in total losses on newer vehicles due to increased part cost, technology and repair complexity. The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter and full year of 2018. “Allstate continues to deliver strong operating results while building the […]
Fix Auto UK Adds New Fix & Go Express Collision Repair Center
Motorcycle racing legend and I’m A Celebrity Get Me Out of Here winner Carl Fogarty officially opened Fix Auto UK’s latest express repair facility Fix Auto Fix & Go Wigan on February 6. Owners Dave and Stephen Pollitt as well as Managing Director Andy Sankey were the driving force behind the six-figure investment, during an […]
IIHS Announces State Farm’s Angela Sparks to Chair 2019 Board of Directors
The Insurance Institute for Highway Safety announced the election of Angela Sparks as the 2019 chair of its Board of Directors. She is the third woman to head the IIHS Board since the Institute’s 1959 founding. Sparks is vice president and actuary, State Farm Insurance Companies. She succeeds William L. Windsor Jr., who served as […]
ETI Names Greg Potter CTO, Announces Executive Director Search
Potter’s new role champions technical advisory content and IP protection for members. The Equipment and Tool Institute (ETI) announced the naming of Greg Potter as Chief Technology Officer, and the commencement of a search for an Executive Director. In the newly created CTO position, Potter will drive ETI’s purpose of enabling the success of its […]
Texas Legislation Seeks to Define Prevailing Collision Repair Labor Rates, Parts Choice, OEM Procedures
Bill seeks to address prevailing rates, would require labor rate surveys to establish rates to be conducted by a third party, prohibit insurers from requiring least expensive parts and further restrict referrals. Legislation filed in Texas on February 4 seeks to address a panoply of common friction points between collision repair facilities and insurance companies […]
Wadsworth International Partners with VECO Experts
Wadsworth International has partnered with VECO Experts to support their vehicle manufacturer certified collision repair networks to deliver a consistent, high-quality repair and customer experience. “The automakers we work with want their network to be more than just a checklist of equipment,” Rick Miller, president of Wadsworth International, said. “We’ve teamed up with VECO Experts […]
NABR Launches New Version of Its California Labor Rate Survey
National AutoBody Research (NABR) announced the launch of its newly revised California Standardized Auto Body Labor Rate Survey, based on the labor rate survey format defined by the California Department of Insurance (CDI). As new laws in California for storage took effect at the New Year, and to respond to market activity in California, NABR […]
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