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Tom Troy joins USAA as Chief Transformation Officer

September 14, 2023 By CollisionWeek Editor

USAA has selected Tom Troy as its chief transformation officer, reporting to CEO Wayne Peacock. He will officially join USAA on Sept. 25. This newly created position will lead USAA’s transformation initiatives and corporate development team. Troy joins USAA from CSAA Insurance Group where he served as president and chief executive officer for the last […]

Filed Under: News Tagged With: People, USAA

Northwood University to Recognize Aftermarket Leaders with Education Awards

September 14, 2023 By CollisionWeek Editor

Northwood University is honored to recognize seven prominent supporters of educational initiatives and learning within the automotive aftermarket industry during its annual Automotive Aftermarket Management Education Awards. The Northwood University Automotive Aftermarket Management Education Award is given annually to industry leaders throughout the country who have made noteworthy contributions to education, on any level, inside […]

Filed Under: News Tagged With: Awards, Northwood University

State Farm Reports 1.8 Million Animal Collisions in 12 Months to June 30

September 13, 2023 By CollisionWeek Editor

November is still the most dangerous month with an industry-estimated 297,000 collisions. New data released from State Farm pegs the odds of U.S. drivers hitting an animal at 1 in 127 this year. Drivers in West Virginia held on to the number one spot with the least favorable odds at 1 in 38. Montana (1 […]

Filed Under: News Tagged With: Animal Collisions, Claim Frequency, State Farm

Canadian Collision Industry Forum Trade Show Returns February 8-9 in Toronto

September 13, 2023 By CollisionWeek Editor

The Canadian Collision Industry Forum (CCIF) announced its trade show is returning at CCIF Toronto meeting on February 8-9, 2024. The event will be held at The International Centre, Hall 5, located at 6900 Airport Road in Mississauga, Ontario, Canada. The deadline to apply to be a trade show exhibitor is November 27. Space is […]

Filed Under: News Tagged With: Canada, Canadian Collision Industry Forum, Ontario, Trade Show

NABR Adds New Features to LaborRateHero

September 13, 2023 By CollisionWeek Editor

National AutoBody Research (NABR) announced the release of a new version of its LaborRateHero.com website, adding three new features to make the site easier to use and more powerful. First is the new “Market Rates at a Glance” feature.  During labor rate searches of any geographic area, the Body rate for each individual shop surveyed […]

Filed Under: News Tagged With: Labor Rates, National AutoBody Research

Hertz Announces President and COO Paul Stone to Step Down September 30

September 13, 2023 By CollisionWeek Editor

Hertz Global Holdings, Inc. (NASDAQ: HTZ) announced that Paul Stone, Chief Operations Officer and President, will step down from his role effective September 30, to pursue opportunities in the retail sector, where he began his career. Paul will remain employed with the company in a transitional capacity through October 31. The company will conclude a […]

Filed Under: News Tagged With: Hertz, People

Andrian Furness Named Managing Director of Activate Group Motor Repair Network in the UK

September 13, 2023 By CollisionWeek Editor

The Activate Group announced the appointment of Adrian Furness as Managing Director of its Motor Repair Network business. Furness will take up his new role on October 2. Activate Group specializes in accident management services and partners with some of the country’s best-known fleets and insurers to service hundreds of thousands of claims a year. […]

Filed Under: News Tagged With: Activate Group Limited, People, United Kingdom

J.D. Power Acquires Autovista Group

September 12, 2023 By CollisionWeek Editor

Adds European and Australian automotive data and analytics provider of vehicle valuation and repair estimate data. J.D. Power today announced a definitive agreement to acquire Autovista Group, a pan-European and Australian automotive data, analytics and industry insights provider. The acquisition complements J.D. Power’s strengths in vehicle valuation and detailed vehicle specification data and analytics while […]

Filed Under: News Tagged With: Acquisitions, Australia, Europe, J.D. Power

OpenRoad Collision Acquires 6 Collision Repair Centers in Oklahoma

September 12, 2023 By CollisionWeek Editor

OpenRoad Collision announced a strategic partnership with Bill Knight Collision, a six location multi-shop operator (MSO) with locations in Tulsa and Stillwater, Okla. Combined, the OpenRoad Collision family of brands now owns and operates collision repair centers across Texas, New Mexico, and Oklahoma. The addition of Bill Knight Collision not only expands OpenRoad Collision’s geographic […]

Filed Under: News Tagged With: Acquisitions, Oklahoma, OpenRoad Collision

U.S. Property/Casualty Industry Records $24.5 Billion Underwriting Loss in the First Half of 2023

September 12, 2023 By CollisionWeek Editor

The U.S. property/casualty (P/C) industry recorded a $24.5 billion net underwriting loss in the first half of 2023, nearly eclipsing the $26.5 billion in total losses recorded for all of 2022, according to a new AM Best report. These preliminary results are detailed in a new Best’s Special Report, First Look: 6-Month 2023 US Property/Casualty […]

Filed Under: News Tagged With: A.M. Best, Earnings, Property Casualty Insurance

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