The National Insurance Crime Bureau (NICB), the not-for-profit organization dedicated to preventing and prosecuting insurance fraud and crime, and Agero, the white-label provider of digital driver assistance services and software for the majority of automotive insurance brands, are forming a strategic partnership to combat fraud before it happens. The effort seeks to protect insurers and […]
Trust Top Driver of Customer Satisfaction for Auto Insurance
J.D. Power finds that as premiums continue to rise, fewer than half of customers trust their insurer. With U.S. auto insurance rates up 11.2% on average during the past year—and insurers still losing an average of five cents on every dollar of premium they collect—sky-high premiums do not appear to be leveling off anytime soon. […]
Classic Collision Acquires Repair Centers in Minnesota and Arizona
Classic Collision, LLC announced the acquisition of Crossroads Collision Center in Lake Elmo, Minn. and CARSTAR T&S Body Works in Tempe, Ariz. Crossroads Collision Centers has been locally owned for over 40 years, serving the Twin Cities and surrounding areas. “We have made it our goal to make our customer’s lives easy, from pick up […]
Crash Champions Acquires 58th Collision Repair Center in Florida
Crash Champions announced the acquisition June 7 of Liles Collision, located at 4380 NE 36th Ave. in Ocala, Fla. “This is another steady step forward in our strategic growth plans and long-term vision for Crash Champions,” said Founder and CEO Matt Ebert. “It’s important that we identify and acquire like-minded repair centers with a strong […]
AASP/NJ’s Lou Scoras Memorial Golf Outing September 17
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced the automotive community will once again gather for a day of fun and friendly competition with the return of the annual Lou Scoras Memorial Golf Outing on Tuesday, September 17. More information and registration for the event are available online. Following last year’s successful […]
Triple-I Reports Personal Auto Profitability Heading in the Right Direction
Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses, according to the Insurance Information Institute (Triple-I). “Auto insurers’ 2023 net combined ratio of 104.9 is 7.3 points better than 2022. Additionally, 2023 net written premium growth of 14.3% is the highest in over […]
USDOT Finalizes Fuel Economy Standards for Model Years 2027-2031
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) issued its final rule on vehicle fuel economy standards. Under the final rule, fuel economy will increase 2% per year for model years 2027-2031 for passenger cars, while light trucks will increase 2% per year for model years 2029-2031. These increases will bring the […]
ASA Urges Passage of Pro-Auto Repairer Bill in Michigan
Association asks Michigan residents to contact their legislators to support Michigan Senate Bill 867 that would reduce regulatory burdens. The Automotive Service Association (ASA) is urging state lawmakers in Michigan to pass Senate Bill (SB) 867. Michigan residents can contact their state representative and senator to request that they support the bill through an online form. […]
Collision Repair Education Foundation Awards Over $235,000 in Scholarships and Tool Grants
The Collision Repair Education Foundation (CREF) announced that over $235,000 in 2024 scholarships and tool grants have been awarded to 90 collision repair students across the country. The Foundation also noted that this year’s recipients look a little different than they have in the past – for the first time, over two-thirds of the students […]
Virginia Will Exit California Electric Vehicle Mandate at End of Year
Virginia Governor Youngkin announced the end of the California electric vehicle mandate in Virginia, effective at the end of 2024 when California’s current regulations expire. An official opinion from Attorney General Jason Miyares in response to a request by the Governor and Senate Republican Leader Ryan McDougle confirms that Virginia is not required to comply […]
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