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European Commission Fines Car Safety Equipment Suppliers $413 Million in Antitrust Settlement

March 7, 2019 By CollisionWeek Editor

EU Car Parts Cartel Fines since 2013

Three suppliers conspired to raise prices on seatbelts, airbags and steering wheels to Volkswagen and BMW. The European Commission announced March 5 that it has fined Autoliv and TRW a total of €368,277,000 ($413.5 million) for breaching EU antitrust rules by participating in a cartel to raise the prices of automotive safety parts. Takata, the […]

Filed Under: News Tagged With: Antitrust, Europe, European Commission, Lawsuits, OEM Parts

1Collision Adds 10th Collision Repair Center to its Network in Minnesota

March 7, 2019 By CollisionWeek Editor

The 1Collision Network announced that Jerald Stiele, a 1Collision Network shop owner, has acquired The Collision Center in Golden Valley, Minn. The store is Stiele’s second location, and the 10th 1Collision affiliated location in the state. Stiele said, “Hopkins Auto Body is delighted to grow our business with the acquisition of Collision Center, with a […]

Filed Under: News Tagged With: 1Collision Network, Minnesota, Network Affiliations

Snapsheet Announces Collaboration Agreement with Union Standard Insurance

March 7, 2019 By CollisionWeek Editor

Snapsheet today announced a collaboration with Union Standard Insurance Group (USIG), a W.R. Berkley Company. Under the agreement Snapsheet’s will bring its virtual platform for auto physical damage claims to USIG customers. Union Standard offers commercial property and casualty products and services through independent agents in Arizona, Arkansas, New Mexico, Oklahoma and Texas. “Technological transformations […]

Filed Under: News Tagged With: Agreements Signed, Snapsheet, Union Standard Insurance Group

Diamond Standard Test Expert George Neat Passes Away

March 7, 2019 By CollisionWeek Editor

Diamond Standard Parts, LLC announced that George W. Neat, its longtime crashworthiness testing expert, passed away February 26 in Hingham, Mass at the age of 82.  “George, a U.S. DOT Volpe Center Executive, was an integral part of the development our exemplary component test protocols and together with the late James Hackney, Director of Crashworthiness […]

Filed Under: News Tagged With: Diamond Standard, Obituary, People

UTI Opens Registration for Free Ignite Summer Program for High School Juniors

March 7, 2019 By CollisionWeek Editor

Free summer program offers hands-on introduction and training for high-tech, high-demand careers in the transportation industry. As part of its continued effort to address growing workforce demand for skilled technicians, Universal Technical Institute (NYSE: UTI) is bringing back Ignite – a free, summer program designed to give high school juniors an exclusive firsthand look at […]

Filed Under: News Tagged With: Universal Technical Institute, Workforce Development

Hawaii Collision Repair Parts Bill Passes Senate

March 6, 2019 By CollisionWeek Editor

Hawaii Senate Bill 823

Legislation would amend insurance regulations to specify when consumers must pay additional costs for OEM collision repair parts. Repairers would have to detail markups on crash parts. Hawaii Senate Bill 823 (SB 823), that seeks to change insurance regulations covering non-OEM collision repair parts, was approvedyesterday by the full Hawaii Senate. The bill would revise […]

Filed Under: Feature Tagged With: Advanced Driver Assistance Systems, Hawaii, legislation, Non-OEM Parts

Texas Insurance Adjuster Sentenced for Stealing $100,000

March 6, 2019 By CollisionWeek Editor

The Texas Department of Insurance (TDI) announced that a Spring, Texas insurance adjuster was sentenced to probation for stealing nearly $100,000 from the insurance company where he worked. Allen Castillo pleaded guilty after a TDI investigation found he authorized payments to a network of friends and family. TDI investigators found that Castillo authorized additional payments […]

Filed Under: News Tagged With: Insurance Fraud, Lawsuits, Texas

American Family Reports 107 Auto Combined Ratio in 2018

March 6, 2019 By CollisionWeek Editor

American Family reported its financial results for 2018. The insurer added $955 million to policyholder equity in 2018. This brings the group’s total equity to $9 billion, due largely to its merger with Florida-based mutual insurance company Main Street America, completed Oct. 31. American Family was not immune to drops in the financial markets as […]

Filed Under: News Tagged With: American Family, Combined Ratio, Earnings

CARSTAR Adds Collision Repair Center to Network in California

March 6, 2019 By CollisionWeek Editor

CARSTAR Douglas Auto Body

CARSTAR announced the addition of CARSTAR Douglas Auto Body, a 50,000 sq. ft. collision repair center located at 2453 E. Colorado Boulevard in Pasadena, Calif. to its independently-owned facilities. Originally started in 1956 by their father, CARSTAR Douglas Auto Body’s owners Armen and Kevin Daghla are eager to continue their father’s legacy while also accelerating […]

Filed Under: News Tagged With: California, CARSTAR, Network Affiliations

PPG Announces Show Truck Tour Schedule

March 6, 2019 By CollisionWeek Editor

PPG Show Truck

PPG (NYSE:PPG) announced its red, white and blue PPG tractor-trailer rig, a rolling exhibit of premium PPG products, will kick off its 2019 cross-country trip on March 8 at the 9th annual Goodguys Spring Lone Star Nationals at the Texas Motor Speedway in Fort Worth. The truck will make 12 appearances across the country, concluding […]

Filed Under: News Tagged With: PPG Industries

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