The Toyota Research Institute (TRI) announced a multiyear, multimillion-dollar challenge aimed at closing the gap between recent advances in artificial intelligence (AI) prediction of new materials and finding the actual “recipe” needed to make these hypothetical materials in the real world. Researchers can presently use AI and simulation to find millions of novel materials at […]
Maryland Insurance Commissioner Kathleen Birrane to Step Down June 30
Maryland Insurance Commissioner Kathleen A. Birrane has announced her intent to resign effective June 30 and to return to private practice at DLA Piper, where she was a partner until being appointed Commissioner in May 2020. “My decision to return to private practice is bittersweet. Serving the residents of this State as the Insurance Commissioner […]
Insurance Economic Drivers Outperforming Overall US GDP
Insurance Information Institute says property/casualty insurance performance likely to gain momentum on Federal Reserve interest rate cuts. The economic drivers of the U.S. property/casualty (P/C) insurance industry are now growing faster than the nation’s Gross Domestic Product (GDP) and are expected to gain further momentum in the event of Federal Reserve monetary rate cuts, according […]
Joe Hudson’s Collision Center Acquires Six Repair Centers in Texas and Georgia
Joe Hudson’s Collision Center announced acquisition of six new locations, including Patton Brothers Body and Frame in Athens, Ga. and five Precision Hail and Collision locations across Texas. Brant Wilson, CEO of Joe Hudson’s, expresses his excitement about expanding JHCC’s footprint in Georgia, stating, “The acquisition of Patton Brothers Body and Frame marks our entry […]
Crash Champions Acquires Collision Repair Center in Encinitas, California
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 […]
Allstate Reports Customers Using Safe Driving App Have 25% Fewer Severe Collisions
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. […]
Kritech and NCS SSI Introduce Virtual Total Loss
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 […]
Crash Champions Hosts Bi-Annual Operations Leadership Development
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 […]
CAPA Elects New Members to Board and Technical Committee
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 […]
State Senator Ann Gillespie Named Acting Director of Illinois Department of Insurance
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 […]
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