Reports year-to-date revenue growth at 7.9% IAA, Inc. (NYSE: IAA) today announced consolidated revenues for the second quarter of 2019 that ended June 30 increased 10.0% to $366.4 million from $333.2 million in the second quarter of fiscal 2018, primarily due to increased volumes of approximately 6% and higher revenue per vehicle of approximately 4%. […]
The Hartford Announces Student Loan Repayment Plan for Employees
The Hartford announced a new student loan repayment program to help its employees pay down up to $10,000 in student debt. According to a recent study by Experian, student loan debt in the United States reached an all-time high in the first quarter of 2019 totaling $1.4 trillion, with an average student loan debt per […]
EPA Recognizes GM for Green Power Use
General Motors has earned a spot on the U.S. Environmental Protection Agency’s National Top 100 List of the largest green power users from the Green Power Partnership. Ranked No. 29, GM is the only automotive company on this list. GM is also No. 6 on the GPP’s Top On-Site Generation list and No. 14 on […]
Rob Pugh Joins Fix Auto UK as Strategy Consultant
Fix Auto UK has appointed Rob Pugh into its newly formed role of Strategy Consultant. The 23-year-old returns to the organization after his two-year internship while studying for his business degree, which he successfully achieved with first class honours. Rob’s role will support the Fix Auto UK Management Team with their five-year strategic plans to […]
AASP/NJ to Host ADAS Panel Discussion September 12
Meeting on advanced driver assistance systems will include opportunities for questions and answers for attendees. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) will host a special panel discussion on advanced driver-assistance system (ADAS) technology on Thursday, September 12 beginning at 6:30 p.m. at The Gran Centurions, 440 Madison Hill Road, Clark, NJ. […]
Universal Technical Institute Reports Revenue Up 5.9% in Fiscal Third Quarter
Universal Technical Institute, Inc. (NYSE: UTI) reported revenue increased 5.5% to $79.0 million for the fiscal 2019 third quarter ended June 30 compared to $74.9 million in 2018. According to the training provider, the increase was driven by higher average full-time enrollment. New student starts, excluding the Norwood, Mass. campus that will close in […]
North Carolina Insurance Department Launches Criminal Investigations Reserve Unit to Fight Insurance Fraud
North Carolina Insurance Commissioner Mike Causey has organized its first Criminal Investigations Reserve Unit to combat the extensive number of fraud cases in the state. The new inductees, four veteran law enforcement personnel, were sworn-in Thursday, August 8. “Today’s ceremony is a testament to the character of these men and women who are donating their […]
CIECA Announces Jon Delgado and Sheryl Driggers to Speak at Conference
The Collision Industry Electronic Commerce Association (CIECA) announced addition speakers for its September 16-18 Connex 2019 event. Sheryl Driggers, co-owner of Universal Collision, will discuss the soft skills needed to thrive in today’s digital world. With current and future technology, as we automate tasks for efficiency, Sheryl says there’s a greater need to sharpen leadership […]
IAA Expands Phoenix Location
IAA, Inc. (NYSE: IAA) announced the expansion of its Phoenix branch. This investment supports increased customer demand in the state. “We look forward to the additional operational capabilities this investment brings to this branch,” said John Kett, Chief Executive Officer and President of IAA. “Our Phoenix customers will benefit from the increased capacity.” “This investment […]
1963 Insurance Anti-Trust Consent Decree Nominated for Termination
For decades collision repair facility operators who oppose insurance company direct repair programs and labor rate setting have sought to have an over 55 year old consent decree applied to today’s industry. The 1963 consent decree reached between the U.S. Justice Department (DOJ) and three insurance industry trade associations has been nominated to be officially […]
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