Transaction includes Travelers’ personal lines and most commercial insurance operations. The Travelers Companies Inc. will sell most of its Canadian insurance operations to Definity Financial Corporation for approximately CA$3.3 billion ($2.4 billion), the companies announced May 27. The transaction includes Travelers’ personal insurance business and the majority of its commercial insurance operations in Canada. Travelers […]
LKQ Publishes 2024 Global Sustainability Report
LKQ Corporation (NASDAQ: LKQ) announced the release of its 2024 Sustainability Report. The report showcases LKQ’s role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. “LKQ embodies the principle that business excellence and sustainability are fundamentally […]
Fix Auto Franchisee Opens 6th Location in California
Fix Auto USA announced the opening of its newest collision repair facility in Hesperia, Calif. this month, marking the sixth location for franchisee Joe Banh. The shop, Fix Auto Desert Valley, is located at 17235 Darwin Avenue. Banh joined the Fix Auto USA network in 2021 and has expanded across the region since then. The […]
Florida Body Shop Owner Pleads Guilty to Bank Fraud
A Lakeland, Fla. auto body shop owner pleaded guilty to bank fraud after operating a scheme that defrauded financial institutions of more than $180,000 over two years, federal prosecutors announced earlier this month. Abraham Othman Yacoub, 27, faces up to 30 years in federal prison. A sentencing date has not been scheduled. From January 2021 […]
Liberty Mutual Insurance Donates $25,000 to Collision Engineering Career Alliance
Funding will support recruitment, program expansion and students. Liberty Mutual Insurance has donated $25,000 to the Collision Engineering Career Alliance to support training programs for collision repair technicians at six schools nationwide. The donation will help address a projected shortage of collision repair workers, with more than 100,000 job openings expected through 2028, according to […]
CARSTAR Adds Collision Repair Center in Deerfield Beach, Florida
CARSTAR announced the opening of CARSTAR GSI Collision, owned by Firial and Samer Ayoub located at 29 SE 10th Street in Deerfield Beach, Fla. The grand opening celebration on April 10 welcomed the Deerfield Beach community with a lively event featuring food trucks, a live broadcast from a local radio station, and a festive atmosphere. […]
ProColor Collision Adds Repair Facility to Network in Van Nuys, California
ProColor Collision announced the addition of a new collision repair facility to its network in Van Nuys, California marking the latest expansion for the collision repair company. The facility, located at 14520 Delano Street, was previously known as Sleek Auto Body. It is owned by Dalia Berrios and operated by Berrios and her husband, Eliseo. […]
AASP/NJ to Host Virtual Customer Service Training Event June 10
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) will host a virtual training session on customer service for automotive repair shops on June 10. Sheryl Driggers of Collision Advice will present The First Call Matters at 6:30 p.m. (EDT) via Zoom. The session targets customer service representatives at automotive repair facilities. Registration for […]
45.1 Million Americans Expected to Travel Domestically for Memorial Day
Road trips expected to set new record as 87% of travelers will travel by car. AAA projects 45.1 million people will travel at least 50 miles from home over the Memorial Day holiday period from Thursday, May 22 to Monday, May 26. This year’s domestic travel forecast is an increase of 1.4 million travelers compared […]
U.S. Average Vehicle Age Rises to 12.8 Years in 2025
The average age of U.S. light vehicles rose to 12.8 years, an increase of two months for the second consecutive year, according to new analysis from S&P Global Mobility. Vehicle registrations surpassed 16 million in 2024 for the first time since 2019, but it was not enough to offset the growing volume of aged vehicles […]