Ton Büchner, CEO of AkzoNobel, to outline new strategy April 19, provides Q&A video discussing future of the company On Wednesday, PPG (NYSE:PPG) reiterated its invitation to AkzoNobel (OTCMKTS:AKZOY) to enter into discussions to explore PPG’s proposal to combine the companies. This follows the previous announcements on March 9 and its second proposal on March 22. […]
Insurance Trade Groups Say California Labor Rate Regulation Increasing Both Rates and Costs
Insurance groups warn Department of Insurance collision repair labor rate regulations compounding California’s problem with rising accidents and repair costs. Repair association questions insurance view wondering how voluntary survey process can drive up rates. Two California auto insurance trade associations, ACIC, the California Voice of the Property Casualty Insurers Association of America (PCI) and the […]
Michigan Senate Bill Reintroduced to Eliminate Insurance Company Collision Repair Part Process Mandates
Bill seeks to prohibit auto insurers from requiring a specific vendor for parts or materials procurement. Michigan Senate Bill 291 (SB 291), introduced yesterday by Senator Joe Hune, seeks to prohibit an insurer from directly, or indirectly requiring an automobile repair facility to use a specific vendor or process to procure parts or materials. Hune, […]
Legislation to Eliminate Insurance Company Vendor Requirements Reintroduced in New York
Would prohibit requirement that collision repair facility use a specific vendor or process for parts or materials purchases. A bill that would make it illegal for insurance companies to from requiring repair shops to use specific vendors or processes for the acquisition of collision repair parts and materials has been reintroduced in New York. Assembly […]
House Passes Legislation to Eliminate Antitrust Exemption on Health Insurance, Possible Precedent for Repeal of Property-Casualty Exemption
Insurance group concerned about impact on other types of insurance. ASA sees opportunity for meaningful insurance reform. The U.S. House of Representatives passed H.R. 372, the Competitive Health Insurance Reform Act of 2017 on Wednesday by a vote of 416-7. The bill would repeal the limited antitrust exemption for health insurers established by the McCarran-Ferguson […]
Coalition of European Car Repair, Insurance, Leasing, Automotive Aftermarket Groups and Consumers Call for Robust Regulatory Framework for Vehicle Telematics Systems
Group believes regulation necessary to preserve competition with level-playing field to access vehicle diagnostics and data streams. Issue key for repair industry as need to diagnostic system access increases. A broad coalition of the automotive aftermarket industry and motorists representatives is calling upon the European Union (EU) to create a robust regulatory framework for an inter-operable […]
EPA to Reexamine Emission Standards for Cars and Light Duty Trucks
Will reopen review of MY 2022-2025 standards that were closed by Obama Administration a year earlier than EPA’s originally planned time frame. Today, Department of Transportation Secretary (DOT) Elaine Chao and U.S. Environmental Protection Agency (EPA) Administrator Scott Pruitt announced they will revisit the previous administration’s rule that finalized standards to increase fuel economy to the […]
West Virginia Bill Seeks to Eliminate Consumer Consent on Collision Repair Parts
ASA opposes West Virginia SB 544 that would eliminate OE requirement on newer vehicles and change notification language. West Virginia Senate Bill (SB) 544, introduced by state Sen. Mark Maynard, R-6, would eliminate the requirement for consumer written consent when using aftermarket parts in a vehicle that is still under the manufacturer’s warranty. According to […]
New York Assembly Bill Seeks Signed Non-OEM Collision Repair Parts Disclosure
Would also require OEM collision repair parts for three years or length of OEM warranty. New York Assembly Bill 6617 (AB 6617), introduced on Friday, would require collision repair facilities in state to get a signed customer notice and authorization form before using any non-OEM parts in vehicle repairs. Additionally, insurers could not require the […]
UK Information Commissioner Conducts Raid as Part of Illegal Collision Repair Customer Data Trading Probe
A search warrant was executed February 23 at a property in London, as part of an investigation into the illegal access of customer details from collision repair facility operator Nationwide Accident Repairs Services (NARS). The United Kingdom Information Commissioner’s Office (ICO), which carried out the search, believes people’s information was unlawfully traded and could be […]
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