Tool will help collision repair centers determine the real costs of body repair businesses The Motor Trades Association of Australia (MTAA) Limited and its affiliated organization, the Australian Motor Body Repairers Association (AMBRA), launched a new cost calculator tool that will assist motor body repair businesses transparently identify their costs and a charge out hourly […]
Fix Auto UK Adds Collision Repair Center to Network
Fix Auto UK announced that Northwood Coachworks has joined the network as Fix Auto Northwood. Owned by Manoj Shah, Fix Auto Northwood is the 12th Fix Auto repair centre inside the M25. The 10,000 sq. ft. collision repair center houses two spray booths and eight operatives with a capacity to repair up to 130 vehicles […]
U.S. Property/Casualty Insurance Industry Reports $22.4 Billion Net Income
Net income dropped 30.3 Percent in first nine months of 2017 following hurricanes and other catastrophe losses. The private U.S. property/casualty insurance industry saw its net income after taxes drop to $22.4 billion in the first nine-months of 2017 from $32.1 billion in the first nine-months of 2016-a 30.3 percent decline-and its overall profitability as […]
AASP/NJ and WMABA Release Northeast Trade Show Class Schedule
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) and the Washington Metropolitan Auto Body Association (WMABA) announced the full list of classes for the debut of Collision P.R.E.P. – Professional Repairer Education Program that featured 17 classes. Collision P.R.E.P. is headlined by Todd Tracy, the attorney in the recent John Eagle Collision case, […]
ICBC Blames CA$935 million in First Nine Months on Surge in Crashes
The Insurance Corporation of British Columbia (ICBC) yesterday reported a net loss of CA$935 million ($757.6 million) for the first nine months of our current fiscal year covering April 1 to December 31, 2017. According to ICBC, “This is obviously a sizeable and significant loss, and is further evidence of the growing financial pressures we […]
NHTSA Launches Drugged Driving Initiative and Announces March 15 Summit
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced it is launching a new initiative to combat drugged driving, a growing problem on U.S. roads. Driving under the influence of drugs (DUID) is against the law in all 50 states. With a national opioid epidemic and states legalizing marijuana, NHTSA is making […]
Australia’s AMA Group Confirms Discussions on Sale of Collision Repair Unit to Blackstone
Proposal values collision repair business at AU$530 million Following an article in the Australian Financial Review, Australia’s AMA Group Ltd. (ASX:AMA) confirmed that had received a proposal from Blackstone Private Equity for its collision repair centers. The AMA group owns more than 90 collision repair centers in Australia and New Zealand with reported sales of […]
AIA Canada Accepting Applications for Board of Directors Appointments
Every year, three or more Directors complete their term on the Automotive Industries Association (AIA) of Canada Board of Directors. It is the responsibility of the Nominating Committee to propose a slate of new Directors for consideration to the AIA Board of Directors and then to the entire membership at the Association’s Annual General Meeting […]
Delaware Approved for Veteran Adjuster Licensing Reimbursement Program
Delaware Insurance Commissioner Trinidad Navarro announced that the Delaware Department of Insurance has been approved by the Department of Veterans Affairs for reimbursement of licensing test fees. Veterans that successfully pass the exams for Insurance Producer and Adjuster licenses will now be reimbursed those fees. “This is an exciting announcement for the Department of Insurance. […]
Mother of 6 Receives Life-Changing Car Donation at NABC Annual Golf Fundraiser
National Auto Body Council members gave a Palm Springs single mother of six much to look forward to in 2018 when she received keys to a practically brand-new 2017 Toyota Camry. The vehicle presentation was a highlight of the National Auto Body Council’s (NABC) Annual Golf Fundraiser in Palm Springs last week. Proceeds from the […]
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