The National Association of Mutual Insurance Companies presented its annual Award in Innovation, sponsored by Guy Carpenter, to Alfa Mutual Insurance Company, headquartered in Montgomery, Ala. With the creation of the Alfa Leadership Academy, the company has been successful in developing emerging leaders, enhancing its company culture, building innovative solutions, and providing exceptional service to […]
Justin Zimmerman Named Acting Banking and Insurance Commissioner in New Jersey
New Jersey Governor Phil Murphy announced that Marlene Caride, Commissioner of the New Jersey Department of Banking and Insurance, will depart the Murphy Administration to join the Judiciary as a judge of the New Jersey Superior Court. Caride was nominated by the Governor on June 1 to serve in Hudson County (Vicinage 6) and confirmed […]
I-CAR Announces Education Program at SEMA
Online registration is now open for numerous classroom training opportunities. The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced its participation at the Specialty Equipment Market Association (SEMA) Show in 2023 in Las Vegas on October 31 through November 3. With a commitment to advancing collision repair knowledge and skills to car lovers and enthusiasts, […]
Lordstown Motors Files For Bankruptcy, Sues Partner Foxconn
Files lawsuit against Foxconn that alleges fraud and repeated contractual breaches. Electric vehicle (EV) startup Lordstown Motors Corp. (NASDAQ:RIDE), and it was filing for chapter 11 bankruptcy protection to begin a strategic restructuring process and a lawsuit again its strategic partner the iPhone manufacturer Foxconn. The company is seeking a buyer for its Endurance all-electric […]
PPG to Reduce Carbon Emissions by 9,400 Metric Tons Annually with Renewable Energy Investment
PPG (NYSE:PPG) announced an agreement with NRG Energy Inc. (NYSE:NRG) brand Direct Energy that will enable four PPG paints and coatings manufacturing facilities and 62 PPG PAINTS stores in Texas to reduce their carbon footprint. According to the U.S. Environmental Protection Agency’s (EPA) greenhouse gas (GHG) equivalencies calculator, the initiative is estimated to reduce PPG’s […]
Michael Humphreys Confirmed as Commissioner of Pennsylvania Insurance Department
On June 26, the Pennsylvania Senate unanimously confirmed Michael Humphreys to serve as Insurance Commissioner of the Pennsylvania Insurance Department (PID). Governor Josh Shapiro nominated Humphreys, who previously served as Acting Insurance Commissioner under Governor Tom Wolf. “I am honored to have the opportunity to serve the Commonwealth as Insurance Commissioner under Governor Shapiro’s dedicated […]
U.S. Auto Sales Projected to Increase Over 22% in June Compared to Last year
Growth continues for third consecutive month. Total new-vehicle sales for June 2023, including retail and non-retail transactions, are projected to reach 1,381,200 units, a 22.6% increase from June 2022, according to a joint forecast from J.D. Power and GlobalData. June 2023 has 26 selling days, the same as June 2022. New-vehicle total sales in Q2 […]
Crash Champions Founder and CEO Matt Ebert Named Midwest Entrepreneur Of The Year
Crash Champions announced that founder and CEO Matt Ebert has been named by Ernst & Young, LLP (EY US) as a winner of the Entrepreneur Of The Year Midwest Award. The announcement was made during a special ceremony hosted on June 21, in Chicago. Entrepreneur Of The Year is one of the preeminent and most […]
1Collision Holds ADAS & EV Education Event at I-CAR Chicago Technical Center
1Collision and the Inter-Industry Conference on Auto Collision Repair (I-CAR) partnered for an education-focused event at the Chicago Technical Center in June to bring focus to the latest technology impacting collision repair shops today, ADAS-equipped vehicles and electric vehicles (EV). 1Collision collaborated with I-CAR so their facility owners and partners could see first-hand how a […]
Classic Collision Acquires New Collision Repair Center in Minneapolis Market
Classic Collision, LLC announced the acquisition of the Maaco Collision Repair & Auto Painting Franchise of Richfield, Minn. The Maaco Richfield Franchise was family owned and operated servicing Hennepin and surrounding counties for the past several years. “I am excited to see Classic Collision take the business our team built to the next level by […]
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