Weakening outlook due to high prices, not banking turbulence. Consumer sentiment fell for the first time in four months in the wake of a 13% decline in consumers’ outlook over the economy for the year ahead, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 62.0 in the March […]
Insurance Information Institute Says U.S. Insurers Remain Resilient Despite Economic Challenges
Slow underlying growth and inflation are among the biggest challenges facing U.S. auto, home, and business insurers, according to the Insurance Information Institute (Triple-I) Q1 2023 Economic Outlook. The Outlook’s key takeaways include: Property/casualty (P/C) insurance, a category which includes U.S. carriers who underwrite auto, home, and business coverage, saw its cyclical underlying growth rebound […]
Colors On Parade Partners with Sherwin-Williams on Color Matching Technology
Colors On Parade, the service provider of mobile automotive paint and body repairs in the U.S. has partnered with Sherwin Williams Automotive to bring SMARTmatch Technology to the general public. Colors On Parade has been a major service provider to the automotive dealership industry for 35 years with over 250 service units in 55 markets […]
Sean Krause Nominated to Join Executive Committee of Automotive Recyclers Association
The Automotive Recyclers Association (ARA) announced that professional automotive recycler Sean Krause of Speedway Auto, Ltd. in Joliet, Ill. has been nominated to join the Association Executive Committee as Secretary for 2023-2024. Sean is the CEO of Speedway Auto, Ltd. alongside his father, Paul Krause, who established the business in 1969 with his wife, Indra. […]
April 20 CIECA Technical Webinar Features Microsoft API Architect Darrel Miller
The Collision Industry Electronic Commerce Association (CIECA) today that a special guest speaker, Darrel Miller, API Architect at Microsoft, will present during the next CIECA Technical Webinar. The presentation, Open API Development Best Practices & Lessons Learned, will take place on Thursday, April 20 at 2 p.m. (EDT). Registration for the April 20 CIECA Webinar […]
Ford Donates $1 Million to Fund Technician Scholarship Program
Scholarship fund, administered by the TechForce Foundation, is backed by Ford Fund and Ford Dealers will help meet the high demand for highly skilled automotive technicians across the industry. Ford Motor Company Fund, the company’s philanthropic arm, is joining Ford dealers across four U.S. regions – Atlanta, Chicago, Dallas, and Phoenix – to provide $1 […]
Wyoming Automotive Named PPG Platinum Distributor of the Year
PPG (NYSE:PPG) announced that it has honored Wyoming Automotive of Casper, Wyo., as its Automotive Refinish 2022 Platinum Distributor of the Year. The annual award recognizes distributors with exceptional service, loyalty, product knowledge and support as part of the PPG Platinum Distributor program. Natalie Scott, PPG director, PPG Platinum Distributor program, Automotive Refinish, U.S. and […]
Intact Financial Corporation and RSA Exit UK Personal Lines Motor Insurance Market
Intact Financial Corporation (TSE:IFC) and its subsidiary RSA, announced March 28 it will exit the personal motor (auto) insurance market in the UK to improve the strength and sustainability of the UK & International business. The personal lines motor insurance market in the UK remains extremely competitive and requires significant scale to drive meaningful outperformance. […]
Texas Farm Bureau Insurance Partners with Arity to Launch Telematics Insurance Program
Texas Farm Bureau Insurance announces its new insurance program, Drive‘n Save, which was built in partnership with Arity, a mobility data and analytics company. The program offers drivers the chance to save 10% off their auto insurance premium just for participating, with deeper discounts available for drivers who demonstrate ongoing safe driving behavior. Policyholders download […]
Small Business Owners’ Confidence in the National Economy Drops
Inflation concerns continue as just 1 in 5 small businesses believe the U.S. economy is in good health. The MetLife and U.S. Chamber of Commerce Small Business Index, released today, dropped slightly this quarter to 60 from 62.1 as small business owners’ outlook on the national economy weakened. One in five (20%) small business owners […]
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