California Insurance Commissioner Jones issued a Cease and Desist Order against Access Insurance Company, which requires the company to immediately stop transacting, soliciting, negotiating, or administering and writing any new or renewal insurance business of any kind in the state of California. According to the insurance company’s website it is licensed to provide auto insurance […]
Axalta Refinish Business Receives Global Leadership Award
Based on its recent analysis of automotive refinish coatings market, Frost & Sullivan recognized Axalta Coating Systems (NYSE:AXTA) with its 2017 Global Market Leadership Award. Axalta has successfully established itself as a leader in providing best-in-class products and superior customer value through its focus on continuous innovation and dedication to maintaining strong customer relationships. “Axalta’s […]
Vehicle Manufacturers Join More than 100 Organizations to Urge the US Senate to Pass Autonomous Vehicle Legislation
On Monday, the Alliance of Automobile Manufacturers joined more than 100 organizations and companies in sending a letter to the U.S. Senate to advocate for action on the bipartisan AV START Act. According to the Alliance, the AV START Act represents “…an historic opportunity for Congress to establish a technology neutral regulatory framework to advance […]
Axalta Acquires Manufacturing and Distribution Site in Sacramento
Facility will expand Axalta’s West Coast presence and support growth of industrial and refinish businesses Axalta (NYSE:AXTA) announced that it has acquired a state of the art manufacturing and distribution facility in Sacramento, Calif. to support growth in its North American Industrial and Refinish businesses. Financial terms of the transaction were not disclosed. “Axalta has […]
American Family Reports Auto insurance Combined Ratio of 112.6
Strong growth, record storm claims highlight 2017 for American Family Insurance Group According to American Family Insurance during a record-high storm year, the insurance group ended the year with more than 10.5 million policies in force and achieved solid increases in policyholder equity, premium growth across operating companies, investment gains and customer satisfaction. Bolstered by […]
Tracy Thompson Named New Jersey Insurance Fraud Protector
New Jersey Attorney General Gurbir S. Grewal today announced that three longtime public servants will assume the leadership of key Divisions within the Department of Law and Public Safety. Michelle Miller will lead the Division of Law, Veronica Allende will serve as the Director of the Division of Criminal Justice, and Governor Murphy will nominate […]
CCC Releases Crash Course Report
Annual report examines the impact of AI and emerging technologies on how vehicles are bought, driven, insured, and repaired CCC Information Services Inc. and its affiliates (CCC) announced the availability of its 2018 Crash Course, an in-depth report that focuses on the trends and business drivers impacting the automotive industry. The 2018 report examines the […]
Nevada Raises Minimum Vehicle Liability Insurance Coverage Requirements
The Nevada Division of Insurance announced it has partnered with the Nevada Department of Motor Vehicles, Nevada Highway Patrol and the Nevada Insurance Council (NIC) to inform Nevada consumers of a new law that will increase the minimum vehicle liability insurance to be in compliance with the law and avoid paying penalties. Collision repairers have […]
CollisionWeek Operations Impacted by Northeast Storm
Updated: Friday, March 9, 2018 1:15 p.m. EST CollisionWeek’s operations continue to be impacted by the Nor’easter that hit Pennsylvania on March 2 and second storm on March 7. Electricity was restored late Thursday, March 7. Telephones are working sporadically. One of our two redundant internet connections has been restored but is degraded. We are […]
Fix Auto Medicine Hat Under New Ownership
Fix Auto Canada announced the sale of its franchise collision repair center in Medicine Hat, Alberta and welcomed a new ownership team to the network. Pat Quinlan, President of the Sun City Ford Ltd. ownership group has added the Fix Auto location in Medicine Hat, Alberta to their portfolio. This location has been part of […]
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