The Boyd Group (TSE: BYD.UN), the multiple collision repair facility operator and glass service provider, reported its financial results for both the fourth quarter of 2015 and the full year yesterday. The company also provided guidance for 2016 and a long-term projection of future growth. For the year, sales increased by 39.1 percent to CA$1.2 […]
Maryland Non-OEM Parts Bill Withdrawn
Bill that sought to require insurance companies to specify OEM parts for two years after a vehicle is manufactured fails in the Maryland House of Delegates. The Maryland House Committee on Economic Matters voted to provide an unfavorable report March 18 on House Bill 1258 (HB 1258) that sought to require insurance companies to specify […]
NSF Opposes Maryland Aftermarket Parts Bill
NSF International, the non-OEM parts certifier, opposes Maryland House Bill 1258 (HB 1258), that seeks to prevent auto insurance companies from specifying non-OEM parts for a period of two years from the vehicles date of manufacture during collision repair claims. In letter to Maryland Delegate Richard Impallaria, the sponsor of the legislation, NSF details concerns […]
PA Senate Banking and Insurance Committee Passes Photo Appraisal Bill
Legislation would allow the use of digital images to prepare estimates. The Pennsylvania Senate Banking and Insurance Committee approved House Bill 1638 (HB1638) yesterday by a vote of 8-3. HB1638 proposes to amend the 1972 Motor Vehicle Physical Damage Appraiser Act to eliminate the requirement for physical inspections. Section 11(c) of the Appraiser Act currently […]
Hearing Held on Maryland Aftermarket Parts Bill
Bill would provide require OEM parts for two years after the vehicle was manufactured during insurance-paid collision repair. Requires any non-OEM, aftermarket parts be certified by a non-profit entity, with a public standard setting process, after the two year period. The Maryland House Committee on Economic Matters held a hearing yesterday on House Bill 1258 […]
Connecticut Considers Legislation to Eliminate Double Taxation on Paint and Materials
On March 9, the Connecticut Joint Committee on Finance, Revenue and Bonding held a hearing on Senate Bill 335 (SB 335). The bill proposes to eliminate the sales and use tax on goods used exclusively in a business process such as paint in materials. The bill would help clarify the sales tax treatment of paint […]
Interview: Domenic Brusco, Chairman, National Auto Body Council
Brusco, chairman of the National Auto Body Council Board of Directors and senior manager, Industry Relations for PPG Automotive Refinish, discusses how the Council’s programs are helping to improve the image of the collision repair industry. In January, the National Auto Body Council celebrated the 1,000th vehicle donation through the organization’s Recycled Rides program to […]
Louisiana Bill Seeks to Require OEM “Safety Parts” During Collision Repair
Bill seeks to regulate the use non-OEM anti-lock brake parts or airbag system components and prohibit insurance companies from requiring them on repairs. Louisiana House Bill 559, introduced by Representative Vincent Pierre, seeks to amend Chapter 41 of Title 51 of the Louisiana Revised Statutes to regulate the use of non-OEM safety parts. The bill […]
Virginia Photo Appraisal Law Signed by Governor
New law takes effect July 1 allowing photos and videos to be used during the collision repair claim process. Virginia Senate Bill 193 (SB 193), that allows the preparation of auto insurance appraisals of collision damage to be done using digital photos and video, was signed into law by Virginia Governor Terry McAuliffe on March […]
Delaware Insurance Department Proposes to Allow Photo-Video Appraisals
State is latest to consider overturning prohibition against use of photographs to prepare collision repair damage appraisals. The Delaware Department of Insurance has proposed to amend its Regulation 602 relating to Motor Vehicle Physical Damage Appraisers to allow the use of digital images by appraisers. Similar proposals have been proposed in neighboring Pennsylvania and Virginia. […]