Snapsheet announced 2021 statistics and sales numbers marking its strongest year yet. Snapsheet is enabling auto and property carriers, TPAs, MGAs, and mobility to launch claims infrastructure in days rather than years. Notable highlights from 2021 include: 159% year over year growth Surpassed 2.5 million claims and over $10 billion in indemnity processed 32 new […]
OSHA Withdraws Private Business Emergency COVID-19 Vaccine and Testing Mandate
After loss at U.S. Supreme Court, regulator says it has withdrawn its emergency temporary standard and will focus on formal rulemaking for permanent standard. The U.S. Department of Labor’s Occupational Safety and Health Administration announced yesterday it is withdrawing the vaccination and testing emergency temporary standard issued on Nov. 5, 2021, requiring employers with 100 […]
Crash Champions Acquires Collision Repair Center in Tampa, Florida
Crash Champions, LLC announced that it has grown its presence in Florida with the acquisition of Salemi’s Body Shop, a single shop located at 1602 N Armenia Ave, in Tampa, Fla. With this acquisition, Crash Champions now has 29 collision repair centers across the Sunshine State. This transaction strategically supplements the Company’s six acquisitions last […]
Commerce Department Reports Automotive Semiconductor Supply Chain Remains Fragile
Acute concern for legacy automotive chips. While positive news on private investment, department says report supports proposed $52 billion government support for domestic production. The U.S. Department of Commerce yesterday released the results from the Risks in the Semiconductor Supply Chain Request for Information (RFI) issued in Sept. 2021. The RFI showed that median inventory […]
IAA Secures Ground for New UK Branch in Bristol
IAA, Inc. (NYSE:IAA) announced that it has secured ground for the construction of a new full-service facility in Bristol, located in the southwest region of the United Kingdom. The additional capacity resulting from the new location will help to meet growing demand in the region. “The Bristol branch demonstrates IAA’s strong, ongoing commitment to investing […]
Axalta Commits to New Sustainability Goals for 2030 and Carbon Neutrality by 2040
Axalta (NYSE:AXTA) announced its commitment to an absolute reduction of 50 percent of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, on its way to becoming carbon neutral in its operations by 2040 – one decade ahead of the deadline set by the Paris Agreement on Climate Change. In addition, the company has […]
3M Reports Fourth-Quarter Sales of $8.6 Billion, Up 0.3% Compared to 2020
Sales in automotive aftermarket up nearly 13% for the full 2021 compared to pandemic impacted 2020. 3M (NYSE: MMM) today reported fourth-quarter sales of $8.6 billion, up 0.3 percent year-on-year. Organic local-currency sales increased 1.3 percent year-on-year. For the full year sales were $35.4 billion, up 9.9 percent year-on-year and organic local-currency sales increased 8.8 […]
Peter Hunt Named Chief Financial Officer at Service King
Service King announced that the company has hired Peter Hunt as its new chief financial officer (CFO). Hunt joins Service King with decades of experience at the C-Suite executive level. His background includes developing strategic direction, leading operations and managing financial organizations for publicly traded commercial airlines such as Virgin America and Pinnacle Airlines, where […]
Tractable Joins Guidewire PartnerConnect Solution Alliance to Help Insurers Expedite Auto Claims Processes
Tractable, the artificial intelligence (AI) company accelerating recovery from accidents and disasters, and Guidewire (NYSE:GWRE) announced that Tractable has joined Guidewire PartnerConnect as a Solution partner. Tractable’s Ready for Guidewire integration will enable Guidewire ClaimCenter users to integrate to its AI Review and AI Estimating solutions that accelerate the visual audit of repair estimates and […]
ASE Offers Free Technician Webinar on Plastic Repair
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for technicians on Tuesday, Feb. 1 at 4:00 p.m. (EST) entitled Plastic Repair – It’s Not Just for Bumpers. More information and registration for the ASE plastic repair webinar are available online. There are dozens of plastic parts under the hoods of […]
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