The Society of Collision Repair Specialists (SCRS) announced Elite Electronics is the newest Corporate Member of the association. Elite Electronics is a sublet service provider currently serving the Dallas, Ft. Worth, Texas; Atlanta, Ga.; Oklahoma City and Tulsa, Okla.; Knoxville, Nashville and , Memphis, Tenn.; Philadelphia, Pa.; Charlotte, N.C. regions; and their surrounding suburbs. Services […]
Registration Opens for 2017 WIN Conference
The Women’s Industry Network (WIN) announced that registration for its 2017 Educational Conference is now open. Members registering before March 16 will receive a discounted rate of $425. For member registration after March 16, the rate is $475. Non- members may attend at a rate of $650 and attendance for the Most Influential Women and […]
TechForce Foundation Scholarship Available for 2017 High School Graduates Studying to become an Automotive, Collision Repair or Heavy Duty Service Technician
The TechForce Foundation will award a new $2,500 scholarship to a high school graduate planning to attend an ASE/NATEF post-secondary school. The scholarship will be administered through the University of the Aftermarket Foundation scholarship central program. “The TechForce Foundation seeks to help students train for careers in the automotive aftermarket and that goal aligns perfectly […]
Liberty Mutual Insurance Reports Increasing Auto Premiums and Losses
Global private passenger auto net written premiums up 4.8 percent in 2016. Commercial auto up 8.8 percent. Liberty Mutual Holding Company Inc. (LHMC) and its subsidiaries reported net income of $143 million for the fourth quarter ended December 31, 2016 and $1.006 billion for the year. This represents a decrease of $268 million for the […]
LKQ Finalizes Sale of OEM Glass Manufacturing Business
LKQ Corporation (LKQ) yesterday announced that it has completed the previously announced agreement to sell the OEM glass manufacturing business of its Pittsburgh Glass Works subsidiary (PGW) to a subsidiary of Vitro, S.A.B. de C.V., a glass manufacturer based in Mexico. The sale price was $310 million, subject to potential post-closing purchase price adjustments. As […]
Military Combine Highlights Soldiers’ Athleticism and Car Donations
Over 50 elite soldiers from Ft. Hood, Texas, competed for bragging rights as the toughest and fastest in the finals of the inaugural Military Combine hosted by the Dallas Cowboys and Caliber Collision. The event at AT&T Stadium was organized to honor the nation’s military heroes by showcasing the soldiers’ athletic prowess. The soldier athletes […]
Calendar Purchases Support Veterans Entering Collision Repair Industry
There is still time to support military veterans and their families through the 3M Hire Our Heroes program and purchase the second annual 3M Hire Our Heroes Calendar for 2017. In partnership with the 3M Automotive Aftermarket Division (AAD), the Collision Repair Education Foundation (CREF) announced it has donated more than $750,000 since 2013 to […]
Registration Now Open for April 6th NABC Regional Golf Fundraiser in Dallas, Texas
The National Auto Body Council’s Fundraising Committee is taking its show back on the road to the Texas Star Golf Resort in Dallas, Texas which will host the 2017 Collision Industry Regional Golf Fundraiser on Thursday, April 6. Online registration is now open for sponsors, individual and team players. Enterprise Rent-a-Car returns as Presenting Sponsor […]
State Farm Announces $5.5 Underwriting Loss in 2016
Overall earned premiums up five percent to $61.7 billion. Auto earned premiums up 6.9 percent to $38.8 billion. The State Farm property-casualty (P-C) companies yesterday reported an underwriting loss of $5.5 billion in 2016 on earned premium of $61.7 billion, compared to an underwriting loss of $2.1 billion on earned premium of $58.6 billion in […]
Copart Opens Its Fifth Illinois Location
Copart, Inc. (NASDAQ:CPRT) announced the opening of its fifth location in Illinois. “The opening of this location in southern Illinois addresses our increasing volume, which has been driven by both organic growth in the industry and market wins,” said Jay Adair, CEO of Copart. “Furthermore, it gives us the capacity for continued expansion in the […]
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