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Crash Champions Acquires 2nd Collision Repair Center in Idaho

March 26, 2024 By CollisionWeek Editor

Crash Champions today announced the acquisition of Hoffman Auto Body in Boise, Idaho. Hoffman Auto Body is located at 3977 W. State St. and will transition operations to Crash Champions effective immediately. “We’re proud to continue quickly expanding the Crash Champions team across Idaho,” said Crash Champions Founder and CEO Matt Ebert. “The Hoffman Auto […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Idaho

Federal Legislation Introduced to Require Dealers to Repair Recalls on Used Vehicles Before Sale

March 26, 2024 By CollisionWeek Editor

U.S. Senators Richard Blumenthal (D-CT), Edward J. Markey (D-MA), and Elizabeth Warren (D-MA) introduced legislation today to ensure the safety and reliability of used cars. The legislation, the Used Car Safety Recall Repair Act, requires car dealers to repair any outstanding safety recalls in used cars prior to selling, leasing, or loaning them to consumers. […]

Filed Under: News Tagged With: legislation, Recalls, U.S. Senate, Used Vehicle Sales

PGW Auto Glass Premieres SAAS Platform and New Branding

March 26, 2024 By CollisionWeek Editor

PGW Auto Glass has just launched a new logo and brand identity to coincide with the launch of everythingautoglass.com, a VIN decoding and point-of-sale software service focused on getting the correct auto glass solutions quickly and efficiently across the industry. The new logo, launched at a company event earlier this month, captures the spirit of […]

Filed Under: News Tagged With: Annual Conference, PGW Auto, PGW Autoglass

ASA Says FTC Proposed Rule on Unfair or Deceptive Fees Could Penalize Collision Repair Facility Operators for Supplements

March 25, 2024 By CollisionWeek Editor

Association suggests revisions to proposed rule that clarify supplements after repairs begin would not be a violation of the rule. The Automotive Service Association (ASA) commented on a Federal Trade Commission proposed rule that seeks to prohibit unfair or deceptive practices relating to fees on goods or services. In its Notice of Proposed Rulemaking (NPRM) […]

Filed Under: News Tagged With: Automotive Service Association, estimating, Federal Trade Commission, Regulations, Supplements

Crash Champions Acquires Collision Repair Center in Idaho

March 25, 2024 By CollisionWeek Editor

Crash Champions announced the acquisition of Addison Collision Repair in Twin Falls, Idaho. The collision repair center is located at 1196 Addison Ave. and will begin operating as Crash Champions effective today. “This is another proud step forward as we expand the Crash Champions brand and vision across the state of Idaho,” said Matt Ebert, […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Idaho

Underwriting Losses Persist in US Property/Casualty Industry Total $21.2 Billion in 2023

March 25, 2024 By CollisionWeek Editor

The U.S. property/casualty (P/C) industry recorded a $21.2 billion net underwriting loss in 2023, slightly improving upon the $24.9 billion loss recorded in 2022, according to a new AM Best report. These preliminary results are detailed in a new Best’s Special Report, titled, First Look: 2023 US Property/Casualty Financial Results, and the data is derived […]

Filed Under: News Tagged With: Combined Ratio, Earnings, Property Casualty Insurance

Fisker Announces Negotiations with Large Automaker Terminated

March 25, 2024 By CollisionWeek Editor

Electric vehicle manufacturer Fisker Inc. (NYSE: FSR) announced today that negotiations with a large automaker for a possible transaction had been terminated by the vehicle manufacturer. In a filing with the Securities and Exchange Commission (SEC) today, Fisker stated, “After the market closed on March 22, 2024, Fisker Inc. received notice from the large automaker […]

Filed Under: News Tagged With: Agreements Signed, Fisker

FCA Recalls Over 280,00 Vehicles for Side Air Bag Inflatable Curtain Module Defect

March 25, 2024 By CollisionWeek Editor

FCA US LLC announced it is voluntarily recalling an estimated 284,982 U.S.-market vehicles to replace their side air bag inflatable curtain (SABIC) modules. The recall is limited to certain 2018-2021 Dodge Charger and Chrysler 300 sedans. A routine review of customer feedback led to a Company investigation that discovered certain vehicles may have been equipped […]

Filed Under: News Tagged With: Airbag, FCA, Recalls

ProColor Collision Adds First Collision Repair Center to Network in Montana

March 22, 2024 By CollisionWeek Editor

ProColor Collision announced that ProColor Collision Gallatin Valley is the network’s first location in Montana. Located at 70 Rock Road in Belgrade, ProColor Collision Gallatin Valley is operated by Robert Rinta and Simon Gratch. Native to Montana, both served honorably in the Montana National Guard. In December 2022, Rinta opened NOVUS Glass Bozeman, providing mobile […]

Filed Under: News Tagged With: Montana, Network Affiliations, ProColor Collision

GEICO Offering Discount for New Personal Auto Policies

March 22, 2024 By CollisionWeek Editor

S&P Global Market Intelligence reported that GEICO has recently begun submitting personal auto rate filings in several states that offer a “Welcome Factor” discount to new customers. The plan offers a temporary discount that applies to new policyholders and would be phased out in each subsequent renewal period. The discount first appeared in its Virginia […]

Filed Under: News Tagged With: GEICO, Premiums, S&P Global Market Intelligence

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