AAA reports that while prices are at their highest levels since 2014, consumers are still driving and demand for gasoline has increased to near record levels. At 9.88 million b/d, gasoline demand last week was near an all-time record high according to the Energy Information Administration (EIA). According to AAA’s Fuel Gauge report yesterday, at […]
Metromile Announces Strategic Enterprise Partnership With Tokio Marine to License Connected Intelligence Platform
Metromile, the pay-per-mile car insurance company in the U.S., today announced that Tokio Marine Holdings, Inc., the largest P&C insurance group in Japan, has become the first insurance carrier to license Metromile’s Connected Intelligence Platform. The company’s artificial intelligence (AI) platform was designed to provide real-time insights into a customer’s lifetime value and improve the […]
CCC Introduces OEM Care Solution
Solution suite enables collision repairers, insurers, and auto manufacturers to collaborate. CCC Information Services Inc. announced today the availability of CCC OEM Care, a suite of solutions that support OEM certification programs and enable collision repairers, insurers, and auto manufacturers to collaborate on safe, quality repairs. Included in the suite are CCC Shop Locator, CCC […]
Axalta Refinish Business Council Members Share Best Practices at Symposium
Joe Amodei, Owner of The Collision Centers in New York, presented Outstanding Legacy Member Award. Axalta (NYSE:AXTA) recently hosted its Annual Business Council Symposium in Nashville, Tenn. The three-day symposium, in partnership with Mike Anderson and Collision Advice, provided a forum for Axalta’s regional Business Councils to collaborate and learn from industry experts, including automobile manufacturers, […]
CARSTAR Names Top Franchise Partners
At its annual conference, CARSTAR recognized both U.S. and Canadian CARSTAR franchise partners throughout its network for their leadership and performance. In the categories for top system award winners, Michael Macaluso, president of CARSTAR, and Dean Fisher, COO of CARSTAR, presented three awards to CARSTAR franchise partners for their achievements. The winners included: Franchisee of […]
LKQ Appoints Three New Board Members
LKQ Corporation (NASDAQ:LKQ) today announced that it has appointed Meg Ann Divitto, John William Mendel, and Jody Greenstone Miller to its Board of Directors effective August 5, 2018. Joseph M. Holsten, Chairman of LKQ Corporation, stated, “Our three new directors complement and enhance our Board with skills and experiences in such areas as automotive technology, […]
U.S. EPA and DOT Propose to Hold Model Year 2021-2026 Vehicle Emissions at 2020 Levels
Increased fuel economy standards, behind vehicle materials and design changes impacting collision repair industry, would slow under proposal. Continues to set one national standard, eliminating California’s ability to set more stringent requirements. The U.S. Environmental Protection Agency (EPA) and U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) on August 1 released a notice […]
Allstate Grew Auto Insurance Premiums and Policies in Force During Second Quarter
Allstate, the fourth-largest auto insurer in the U.S., announced it achieved total revenue of $10.1 billion in the second quarter of 2018 up 2.9 percent compared to the prior year quarter. Property and casualty insurance premiums earned increased 5.5 percent. “Allstate’s businesses continue to deliver excellent results, growth is accelerating and we are on pace […]
AkzoNobel Supports Collision Repair Career Outreach Effort at NACE Automechanika
AkzoNobel is a main sponsor of two events at next week’s NACE Automechanika show in Atlanta, Ga. designed to help ease the collision repair industry employee shortage. The events include the Career Connection Panel, and the I-CAR Rockin’ Rides Reception, which benefits the Collision Repair Education Foundation. “Right now, there is a critical shortage of […]
UK National Body Repair Association Launching Investigation into Insurer Treatment of Collision Repair Industry
The UK-based National Body Repair Association (NBRA) announced it is launching an investigation into insurer treatment of the body repair industry. The aim of the investigation is to understand which insurers act responsibly in true partnership with the industry and those who may be taking advantage of their power. Chris Weeks, Director of the NBRA […]
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