Premiums were up 10% in 2023 due to repair cost inflation, reinsurance costs. The Australian motor insurance industry is projected to grow at a compound annual growth rate (CAGR) of 9.9% from AUD24.1 billion ($16.7 billion) in 2024 to AUD35.1 billion ($23.9 billion) in 2028, in terms of direct written premiums (DWP), according to GlobalData, […]
American Family’s Westrate Elected Chair of IIHS Board of Directors
Bill Westrate, chair and chief executive officer of American Family Insurance, has been elected chair of the Insurance Institute for Highway Safety’s Board of Directors for 2024. Westrate takes over from Scott Wesley Ziegler, who is retiring from Progressive Insurance, where he was general manager of personal lines. “IIHS exemplifies the collective power and impact […]
New Texas Greenfield Collision Repair Center is Joe Hudson’s 200th Location
Joe Hudson’s Collision Center announced its newest greenfield location in Princeton, Texas is its 200th location. CEO Brant Wilson said, “Our relentless pursuit of growth is anchored in a disciplined strategy. We strategically target value-accretive locations within and adjacent to our core markets to ensure we can provide the oversight and excellence our customers expect.” […]
Classic Acquires 3 Collision Repair Centers in Arizona
Classic Collision, LLC announced the acquisition of Painters Collision Centers in Apache Junction, Chandler, and Queen Creek, AZ. “Our reputation was built on a foundation of quality repairs and unparalleled customer service, and we believe Classic Collision is the right organization to keep our foundation intact,” stated James Huard, former owner of Painters Collision Centers. […]
Oakley Capital Acquires Stake in UK’s Steer Automotive Group
Oakley Capital, the pan-European private equity investor, announced it has reached a conditional agreement to invest in Steer Automotive Group, the UK’s largest independent collision repair group. Founded in 2018 by serial entrepreneur Richard Steer, Steer Automotive has expanded through 18 acquisitions, establishing a network of over 100 collision repair centers. Steer, and the current […]
AASP/NJ Kicked Off 2024 Meeting Series January 10 with Education and Fun at TOPGOLF
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) brought their “A” game by hosting a fun and informative night at TOPGOLF in Edison, N.J. on January 10 that brought out over 50 automotive repair professionals for the association’s first membership event of the year. The evening kicked off with a discussion led by […]
Doan Group Announces Launch of Woman-Owned Franchise Group in Alabama
The Doan Group, a boutique national provider of auto, specialty vehicle and equipment, and property appraisal and adjusting services, announced a new ownership team for its Alabama franchise. The new franchise ownership group is a women-owned business, Doan’s first such franchise in its 43-year history. New owners Lee Goforth and Michelle Petereit bring nearly 50 […]
DataTouch Launches VINAnonymize to Prevent Collision Repair Estimate Data Appearing in VIN Reporting Services
DataTouch LLC announces the launch of VINAnonymize, a new technology that prevents collision repair estimate information from being used by vehicle identification number (VIN) reporting services such as CARFAX and AutoCheck. DataTouch designed the technology to allow a shop user to anonymize a VIN and help protect customers’ personally identifiable information (PII). “Many times, after […]
ASE Winter Testing Registration Now Available
The National Institute for Automotive Service Excellence (ASE) has opened registration for winter testing and recertification. Those who register by the March 31 deadline will have 90 days to schedule an appointment to take their selected ASE tests. ASE offers three test-taking options. In-person testing is available for all tests and is held throughout the […]
House of Kolor Introduces New Color Shifting Technology
House of Kolor has introduced new color-shifting technology that creates an instantaneous shift in color without a gray area or mottling in between colors. New Kameleon FX packs, which are part of the Shimrin2 paint system, contain pearls tightly controlled in thickness, creating uniquely clean effects when applied in layers over black paint. “Color-shifting paint […]
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