According to Securities and Exchange Commission Form 8-K filing dated yesterday, April 29, two insurers of David Morse and Associates, eAutoclaims.com’s second largest customer, have been placed in receivership. David Morse and Associates is a third party administrator that is eAutoclaims’ second largest customer. This third party administrator oversees approximately $120 million in Auto property […]
NFIB Comments on Mandatory Mental Health Coverage
NFIB Senior Vice President Dan Danner released the following statement in response to President Bush’s comments in support of legislation that would force employers to offer mental-health benefits: “The road to lost health coverage is paved with good intentions. A well-intentioned costly mandate is still just a costly mandate at its core. No matter how […]
Consumer Reports and CARFAX Sign Content Agreement
ConsumerReports.org and CARFAX announced a content distribution agreement that will allow all visitors to the CARFAX web site the opportunity to access a variety of free Consumer Reports used-car buying information. Consumer Reports will be prominently featured on the CARFAX.com Web site. Users who click on the Consumer Reports link will be taken to a […]
Audatex UK Introduces Estimating System Issue Resolutions to Web Site
Audatex UK has announced that its web site now includes a report on the status of estimating system questions that have been raised by customers or the company’s own data team. The web site located at www.audatex.co.uk will display a list of estimating system problems that are currently under investigation, together with recommended interim solutions. […]
Markham General Insurance Cancels All Auto Policies
Canada News Markham General Insurance Company has told its brokers that all existing policies for auto insurance will be cancelled as of 12:01 a.m. on June 15, 2002. Rumors had been circulating in the industry that such a move might be taken, after Markham General’s financial woes came to light just weeks ago. The company […]
ASA Approves New Five Year Strategic Plan
The Automotive Service Association (ASA) board of directors approved a new five-year strategic plan at its 2002 spring meeting. Titled “Looking Forward,” the plan calls for ASA to be the automotive aftermarket’s “premier resource for information and education.” The five-year planning project was initiated in 2001. A planning team — consisting of ASA members, directors […]
CCC Posts First Quarter Profit
CCC Information Services Group Inc. (Nasdaq: CCCG) reported net income from continuing operations of $5.2 million, or $0.20 per share, for the first quarter ended March 31, 2002 compared with a net loss from continuing operations of $2.8 million, or $0.13 per share, in the same quarter of 2001. Operating income rose to $9.2 million […]
RMI Guides Repairers Out of Audatex Confusion
The Retail Motor Industry Federation (RMI) has published the first in a series of guides for its body shop members on specific processes to enable them to prepare more accurate and effective Audatex estimates. Bob Hood, RMI body shop services director explains: ‘Body repairers need reliable and sound information if they are to produce accurate […]
Snap-on Announces New Chairman of the Board Declares Dividend
Snap-on Incorporated (NYSE: SNA) announced that Dale F. Elliott, Snap-on president and chief executive officer, and a member of its board of directors, has been elected to the additional position of chairman of the board. Elliott, 47, assumes the role from retiring chairman, Robert A. Cornog. “We thank Bob for his many contributions to Snap-on […]
New SCRS Officers Continue Tradition of Leadership and Participation
The Society of Collision Repair Specialists (SCRS) boasts a long history of industry participation, efforts that extend beyond the borders of SCRS. It’s a type of leadership style that the Society has practiced since its earliest days, when founding members helped pioneer the concept of open, constructive dialogue with the insurance industry. The 2002-2003 SCRS […]