PGW Auto Glass, LLC announced that it has acquired the assets of Duncan Systems’ Truck Glass Division. “This strategic move builds on our commitment to expand our product offering and range of solutions to the heavy truck segment,” said Todd Fencak, CEO of PGW Auto Glass. “Duncan Systems’ Truck Glass Division has a strong reputation […]
Allstate Announces April Implemented Auto Rate Increases of 9.3% Across 15 Locations
Rate increases since the beginning of the year expected to raise written premiums by $1.28 billion. The Allstate Corporation (NYSE: ALL) announced that during the month of May, the Allstate brand implemented auto rate increases were of 9.3% across 15 locations, resulting in total brand premium impact of 1.6%. “Allstate continued to implement significant auto […]
Survey Shows Consumers Desire Automated Safety over Self-Driving Technology
According to a spring 2023 S&P Global Mobility consumer survey, car buyers understand and want advanced driver assistance systems (ADAS) features that provide safer driving – and they expect them to be standard in new luxury and mainstream vehicles. But the same feelings do not apply when ADAS is applied to autonomous driving systems. According […]
Lincoln Electric Launches Virtual Reality Headset to Attract Young People to Welding Careers
Lincoln Electric has added a cutting-edge new product to its education lineup. The Voyage Arc Virtual Reality Welding Headset is an interactive, immersive classroom platform that introduces students to welding fundamentals. The tool is designed to spark interest in careers involving welding by enabling tech-savvy students to learn in a virtual setting that many of […]
Progressive Reports Personal Auto Policies in Force Grew 14% in May
Total personal auto policies in force exceeded 19.6 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,666,500 in May, an increase of 14% from 17,200,000 in May 2022. Agency personal auto insurance policies were 8,423,200, up 10% from May 2022 and direct policies in force were 11,243,300, up […]
U.S. Property/Casualty Industry Posts $8.2 Billion Underwriting Loss in First-Quarter 2023
Net income declined 70.7% to $8.1 billion. The U.S. property/casualty (P/C) industry saw an $8.2 billion net underwriting loss in the first quarter of 2023, compared with a $3.4 billion gain in the same prior-year period, according to preliminary financial results. This financial review is detailed in a new Best’s Special Report, First Look: Three-Month […]
Auto Care Industry Expected to Grow 8.1% in 2023, Reach $574 Billion in 2026
Automotive aftermarket industry with 9.7% growth rate in 2022, exceeding projections and demonstrating continued stable growth year over year. The Auto Care Association today released its 2024 Auto Care Factbook and the 2024 Auto Care Factbook & Lang Annual. According to the association, the auto care industry exceeded expectations in 2022. Even in the face […]
Fix Auto UK Adds Collision Repair Center to Network in West Midlands
Fix Auto UK announced the development of Fix Auto Kidderminster, a brand-new collision repair center in the heart of the West Midlands. This project is the brainchild of entrepreneur Nav Singh, who brings a passion for delivering exceptional automotive repair services. After nearly 12 months of planning and preparation, Fix Auto Kidderminster has risen from […]
Twelve High School Automotive Programs Among Finalists for $1.5 Million in Harbor Freight Tools for Schools Cash Prizes
Fifty U.S. public high school skilled trades teachers were named as finalists on June 13 for the Harbor Freight Tools for Schools Prize for Teaching Excellence. The finalists include 12 automotive programs across the U.S. A total of $1.5 million in cash prizes will be awarded in October, when the field is narrowed down to […]
SEMA Show to Include Expanded Education Program
As part of SEMA’s initiative to create a more robust career- and professional-development program year-round, the 2023 SEMA Show will feature a fully customizable hands-on education program that focuses on leadership and skill development, networking, exploration of emerging trends, and industry best practices. Attendees will be able to use this year’s program to jump-start and […]
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