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AutoClaims Direct Launches AI Damage Detection Technology

October 16, 2018 By CollisionWeek Editor

AutoClaims Direct (ACD) announced the release of artificial intelligence (AI) powered damage detection technology embedded within the company’s claims workflow platform, AutoLink. AutoLink’s built-in AI engine now empowers insurers, desk auditors and estimators with the capability of damage detection in all types of vehicle losses. The technology works with traditional appraisals, ACD’s Self(ie) photo estimating […]

Filed Under: News Tagged With: ACD, Artificial Intelligence, Photo Estimating

U.S. Auto Body Repair Price Growth Above General Inflation in September

October 16, 2018 By CollisionWeek Editor

U.S. auto body repair prices in September were up both month-on-month and year-on-year. The most recent government figures on inflation through September 2018 indicate the rate of growth of auto body repair prices is increasing after slowing somewhat during the first several months of the year. Both general inflation and auto body repair prices have […]

Filed Under: Research Tagged With: Auto Body Repair Prices, CPI, Inflation

Property/Casualty Insurance Industry Net Income More Than Doubles to $34 Billion in First-Half 2018

October 15, 2018 By CollisionWeek Editor

PCI First Half 2018 Net Income

Lower catastrophe losses and growing premiums drive profits higher. Private U.S. property/casualty insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017, with the help of lower catastrophe losses, growing premiums, and an increase in investment income, according to ISO, a Verisk (NASDAQ:VRSK) […]

Filed Under: News Tagged With: Earnings, Property Casualty Insurance

Sherwin-Williams Announces Fourth Quarter Training Schedule

October 15, 2018 By CollisionWeek Editor

Sherwin-Williams Q4 2018 Training Schedule

Sherwin-Williams Automotive Finishes has introduced a comprehensive set of training opportunities collision repair industry professionals during the fourth quarter. “With the release of our new Ultra 9K Waterborne Basecoat System, we want to make sure shop owners are able to maximize the benefits of using it,” says Rod Habel, Sherwin-Williams Automotive Finishes Director of Training […]

Filed Under: News Tagged With: Sherwin-Williams, Training Schedule

New Jersey Kicks Off Insurance Fraud Awareness Month with Ad Campaign Urging the Public to Report Fraud

October 15, 2018 By CollisionWeek Editor

NJ Insurance Fraud Billboard

New Jersey Attorney General Gurbir S. Grewal and the Office of the Insurance Fraud Prosecutor (OIFP) Insurance Fraud Awareness announced the launch of an advertising campaign urging the public to report insurance fraud and put a stop to a crime that costs taxpayers billions of dollars a year. The initiative, which coincides with October’s Insurance […]

Filed Under: News Tagged With: Insurance Fraud, New Jersey

ASE Training Managers Council Announces 2018 Award Winners

October 15, 2018 By CollisionWeek Editor

The ASE Training Managers Council (ATMC) announced the 2018 winners of the prestigious ATMC National Excellence in Training Awards, naming the submission by Motor Coach Industries as the Grand Award winner, with awards also going to Bridgestone Retail Operations and to Shell Oil Company. Winning the Grand Award for the second year in a row, […]

Filed Under: News Tagged With: ASE Training Managers Council, Awards

Boyd Group Acquires Collision Repair Centers in Illinois and Washington State

October 12, 2018 By CollisionWeek Editor

Adds new Gerber locations in Kennewick, Washington and Springfield, Illinois. The Boyd Group Inc. today announced the acquisition of two collision repair centers in separate transactions. The Boyd Group announced the October 10, opening of a new Gerber collision repair location in Kennewick, Wash. This location previously operated as SonShine Collision Services and has served […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Illinois, Washington State

CIC Agenda Includes Discussion Examination of Training Skills, Credentials and 3rd Party Claims Models

October 12, 2018 By CollisionWeek Editor

The Collision Industry Conference (CIC) has released the agenda for its upcoming meeting on October 30 in Las Vegas, Nev., held in conjunction with the SEMA Show. Presentations are centered around the current and future issues faced in the collision industry. The complete CIC agenda is available to download. Beginning at 8 a.m., and leading […]

Filed Under: News Tagged With: Collision Industry Conference

Awards and Donations Announced at 16th Annual Fix Auto USA Conference

October 12, 2018 By CollisionWeek Editor

At its 2018 Annual Conference, Fix Auto USA set a new tone for its future with a sold-out crowd of attendees last month in La Quinta, Calif. Fix Auto USA Franchise Partners and their key employees were joined by executives representing every facet of the industry. “Bringing our entire enterprise together is not only critical […]

Filed Under: News Tagged With: Annual Conference, Fix Auto USA

MyPriceLink Dynamic Pricing Will Reach 40% U.S. Collision Part Market Share with Ford Adoption

October 12, 2018 By CollisionWeek Editor

OEConnection positioning dynamic pricing technology for adoption by OEMs globally. OEConnection (OEC) announced that its MyPriceLink technology will soon generate dynamic list prices for over 40 percent of all collision parts in the United States, due to Ford Motor Company’s recent announcement that they are adopting the technology.  Ford joins General Motors, that began using […]

Filed Under: News Tagged With: Ford Motor Company, General Motors, MyPriceLink, OEConnection

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