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Crash Champions Acquires Collision Repair Center in Encinitas, California

April 17, 2024 By CollisionWeek Editor

Crash Champions announced the expansion of its California network with the acquisition of Fender Mender, located at 326 N. El Camino Real in Encinitas, California. The acquisition officially closed on April 5. “Crash Champions has quickly grown across California, and we’re proud to welcome this high-performing repair center to the team,” said Crash Champions Founder […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions

Allstate Reports Customers Using Safe Driving App Have 25% Fewer Severe Collisions

April 17, 2024 By CollisionWeek Editor

Allstate customers have a choice to opt into the Allstate app’s safe driving features and those who do are safer on the road, according to Allstate and its mobility data and analytics partner Arity. Allstate found customers who choose to use Drivewise are 25% less likely to have a severe collision than those who don’t. […]

Filed Under: News Tagged With: Allstate, Claim Frequency, Claim Severity, Usage-Based Insurance

Kritech and NCS SSI Introduce Virtual Total Loss

April 16, 2024 By CollisionWeek Editor

Tool expedites estimation of non-repairable vehicles for collision repair centers. National Coatings & Supplies / Single Source, Inc. (NCS SSI) and Kri-Tech Solutions, LLC announced the introduction of Virtual Total Loss, a productivity and profit enhancement tool for collision repair centers. Virtual Total Loss enables collision repair professionals to streamline workflows by outsourcing estimates for […]

Filed Under: News Tagged With: Agreements Signed, estimating, Kri-Tech Solutions, National Coatings & Supplies, NCS SSI, Total Loss

Crash Champions Hosts Bi-Annual Operations Leadership Development

April 16, 2024 By CollisionWeek Editor

Crash Champions last week hosted nearly 200 members of its management team in Las Vegas for the organization’s bi-annual operations conference. Under the banner Champions Mindset Summit, the three-day event featured presentations from Founder and CEO Matt Ebert, Crash Champions executive leadership, senior operations leaders, industry partners, and a special guest speaker. “Consistently bringing our […]

Filed Under: News Tagged With: Crash Champions

CAPA Elects New Members to Board and Technical Committee

April 16, 2024 By CollisionWeek Editor

The Certified Automotive Parts Association (CAPA) announced the election of four members to its Board of Directors, and three members to its Technical Committee. Joining the Board are: Paul Krauss, Caliber Collision; Kyle Thompson, The Boyd Group/Gerber Collision & Glass; and Todd Williams, Farmers Insurance. Clark Plucinski, Chairman of CAPA’s Board of Directors, was elected […]

Filed Under: News Tagged With: Board of Directors, Certified Automotive Parts Association, People

State Senator Ann Gillespie Named Acting Director of Illinois Department of Insurance

April 16, 2024 By CollisionWeek Editor

On April 8, Illinois Governor JB Pritzker announced that Illinois Department of Insurance (DOI) Director Dana Popish Severinghaus will step down from her role as of April 15. Popish Severinghaus has served as Director of DOI since January of 2021. Governor Pritzker has appointed State Senator Ann Gillespie as new Acting Director of DOI, pending […]

Filed Under: News Tagged With: Department of Insurance, Illinois, People

Progressive Personal Auto Policies in Force Up Over 6% in March Compared to 2023

April 15, 2024 By CollisionWeek Editor

Total personal auto policies in force were also up month-over-month. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 20,448,300 in March, an increase of over 1.2 million or 6.7% from 19,168,400 in March 2023. March’s policies in force represent an increase of 445,000 or 2.2% from 20,003,200 in February. […]

Filed Under: News Tagged With: Net Written Premiums, Policies in Force, Progressive

Group 1 Automotive Agrees to Acquire Inchcape U.K. Auto Dealerships

April 15, 2024 By CollisionWeek Editor

Group 1 Automotive, Inc. (NYSE: GPI) announced an agreement to acquire the U.K. automotive retailing business and related owned real estate from a subsidiary of Inchcape plc for approximately $439 million (£346 million) in an all-cash transaction, inclusive of $279 million (£220 million) of appraised real estate value.  In 2023, the Inchcape U.K. dealerships generated […]

Filed Under: News Tagged With: Acquisitions, Group 1, United Kingdom

SEMA Announces Board of Directors Candidates

April 15, 2024 By CollisionWeek Editor

Opus IVS President Brian Herron among 2024 candidates. The Specialty Equipment Market Association (SEMA) announced the 2024 candidates for election to its Board of Directors.  Voting will take place online between May 28 and June 11 and is open to current SEMA-member companies. Votes must be cast by each company’s primary contact who will receive […]

Filed Under: News Tagged With: Board of Directors, Opus IVS, People, Specialty Equipment Market Association

Auto Parts 4 Less Group Announces Strategic Investment from RB Capital

April 15, 2024 By CollisionWeek Editor

Auto Parts 4 Less Group Inc. (OTC: FLES) announced that it has completed the first tranche of funding from RB Capital Partners, following the successful restructuring of its balance sheet, with the focus towards fostering revenue growth and operational expansion. Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, “We are thrilled to […]

Filed Under: News Tagged With: Agreements Signed, Auto Parts 4 Less, RB Capital

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