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P/C Insurers Report $4.7B Net Underwriting Gain for the First Nine-Months of 2018

January 18, 2019 By CollisionWeek Editor

Insurers net income

Increase marks sharp turnaround from $21 billion net underwriting loss a year earlier. Private U.S. property/casualty insurers reported a $4.7 billion net underwriting gain in nine-months 2018, a sharp turnaround from a $21.0 billion net underwriting loss a year earlier, helped by a rare decline in overall losses and loss adjustment expenses (LLAE) and significant […]

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

Fix Auto Adds Collision Repair Center to Network in Alberta, Canada

January 18, 2019 By CollisionWeek Editor

Fix Auto Camrose

Fix Auto Canada announced the addition of a new collision repair center to its network in Camrose, Alberta. Managing Partner and GM Brett Denham notes that his family has a long history in the industry, serving customers for over 37 years. Chris Peterson, General Manager for Fix Automotive Network Alberta & Saskatchewan said, “We are […]

Filed Under: News Tagged With: Alberta, Canada, Fix Auto Canada, Network Affiliations

ASA Annual Business Meeting and Conference April 30-May 2

January 18, 2019 By CollisionWeek Editor

The Automotive Service Association (ASA) announced its 2019 Annual Business Meeting & Conference will take place April 30-May 2 at the Hurst Conference Center in Hurst, Texas located in between Dallas and Fort Worth. ASA will host the three-day event that will offer its members technical training opportunities along with management classes. Standard Motor Products […]

Filed Under: News Tagged With: Annual Meeting, Automotive Service Association

Minnesota Race for Automotive Education Raised Over $10,000

January 18, 2019 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) held its 17th Annual Race for Automotive Education, January 8, 9 and 10, at ProKart Indoor Racing in Burnsville.  The event raised over $10,000 to support the Alliance’s Automotive Education Fund and will fund scholarships for automotive students enrolled in NATEF-certified auto service and collision repair […]

Filed Under: News Tagged With: AASP-MN, Workforce Development

Vehicle Manufacturer Associations Call for Collision Repair Industry to Follow OEM Repair Procedures

January 17, 2019 By CollisionWeek Editor

Associations representing virtually all automakers selling cars and light duty trucks in the United States released a policy position statement today calling for all collision repairs to be conducted in accordance with the repair procedures issued by the vehicle’s original equipment manufacturer (OEM). The statement, released by the Alliance of Automobile Manufacturers and the Association […]

Filed Under: News Tagged With: Auto Alliance, Global Automakers, OEM Repair Procedures, Position Statement

Legacy Autobody Group Adds Two Collision Repair Centers in Pennsylvania

January 17, 2019 By CollisionWeek Editor

Legacy Autobody Group announced they have added collision repair centers in Kutztown and Stroudsburg, Pa. to bring their total number of locations to six in eastern Pennsylvania. The 9,000 square foot collision repair center in the Kutztown market is located at 15827 Kutztown Road (Route 222) in Maxatawny, Pa. The facility was acquired on December […]

Filed Under: News Tagged With: Acquisitions, Legacy Autobody Group, Pennsylvania

NABC Recycled Rides Presents Four Refurbished Vehicles to Families during NABC Day in Palm Springs

January 17, 2019 By CollisionWeek Editor

On Tuesday, January 15, four deserving recipients from Palm Springs, Calif. and their families received a car to provide them independence and the ability to work, take care of their families and serve their communities thanks to the National Auto Body Council and its Recycled Rides program. The car presentations were part of the first-ever […]

Filed Under: News Tagged With: National Auto Body Council, Recycled Rides

Collision Claims Continued to Decline in Third Quarter

January 17, 2019 By CollisionWeek Editor

Auto physical damage indicators influencing the collision repair industry declined during the third quarter of 2018 compared to the previous year. Claims remain below year ago levels while losses increased. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. […]

Filed Under: Research Tagged With: Claims, Losses

Georgia Collision Repair Shop Owner Pleads Guilty in Insurance Fraud Racketeering Case

January 16, 2019 By CollisionWeek Editor

A Decatur, Ga. collision repair shop owner pleaded guilty January 14 to staging car crashes and inflicting intentional damage on customers’ cars to pocket larger insurance payments. Alfonzo McKeever, 55, pleaded guilty to racketeering just before his trial was set to begin in Bibb County Superior Court. A judge sentenced him to serve 15 years. […]

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

Kent Automotive Receives Honda Approvals

January 16, 2019 By CollisionWeek Editor

Kent Automotive, a brand of Lawson Products, Inc., (NASDAQ:LAWS), announced Honda has awarded Kent 49 product endorsements covering 10 product categories. The OEM recommended products include seal sealers and adhesives, plastic repair products, corrosion protection and sound dampening items used in collision and auto body repair in Honda and Acura vehicles. The Kent products are […]

Filed Under: News Tagged With: American Honda Motor Company, Approvals, Kent Automotive

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