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Berkshire Hathaway Reports GEICO Collision Claims Severity 14-16% Higher in 2022 Compared to Previous Year

March 1, 2023 By CollisionWeek Editor

Collision claim frequency was also up last year as company reports auto insurance underwriting loss. Berkshire Hathaway reported its 2022 earnings, including details about its GEICO subsidiary, the second largest private passenger auto insurer in the U.S. on February 25. The company reported claims frequencies in 2022 were higher for all coverages, including property damage […]

Filed Under: News Tagged With: Claim Frequency, Claim Severity, Earnings, GEICO

Autel and Repairify Announce Exclusive North American Agreement for Remote Diagnostics, Calibrations and Services

March 1, 2023 By CollisionWeek Editor

Repairify, Inc. and Autel U.S., a wholly-owned subsidiary of Autel Intelligent Technology Corp., Ltd. today announced an exclusive long-term collaboration agreement for the delivery of Repairify’s patented global OEM remote solutions for diagnostics, calibrations, and programming through Autel’s remote capable products across North America. As part of the agreement, Repairify will integrate its leading patented […]

Filed Under: News Tagged With: Agreements Signed, Autel, Diagnostics, Repairify

Safelite Autoglass to Pay $45,000 to Settle EEOC Sex Discrimination Lawsuit

March 1, 2023 By CollisionWeek Editor

Safelite AutoGlass agreed to pay $45,000 to settle a sex-based discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced yesterday. According to the EEOC’s lawsuit that was filed in September 2022, a woman applied for an auto glass technician trainee position at a Safelite AutoGlass location in Austin, Texas. […]

Filed Under: News Tagged With: EEOC, Lawsuits, Safelite, Texas

Collision Repair Education Foundation Announces Executive Committee

March 1, 2023 By CollisionWeek Editor

The Collision Repair Education Foundation (CREF) announced and introduce its newly appointed Executive Committee, which consists of seven industry professionals who are dedicated to supporting the future of the industry through engagement with collision schools and students. CREF’s 2023 Executive Committee includes: Chair Steve Schmidt (State Farm) Vice Chair Brenda Hogen (Parts Trader) Treasurer Stacy […]

Filed Under: News Tagged With: Board of Trustees, Collision Repair Education Foundation, People

Fix Network Raises $146,630 For Ronald McDonald House Charities Canada

March 1, 2023 By CollisionWeek Editor

Contributions made in 2022 will enable more than 872 nights of accommodation for families with seriously ill children across Canada. After hosting more than 10 events throughout 2022, Fix Network Canada, along with its employees and strategic partners, raised CA$146,630 ($107,750) to support Ronald McDonald House Charities Canada (RMHC Canada). Throughout 2022, Fix Network hosted […]

Filed Under: News Tagged With: Canada, Donations, Fix Network Canada

State Farm Reports Record Underwriting Losses in 2022

February 28, 2023 By CollisionWeek Editor

Auto insurance business reports underwriting loss of $13.4 billion. In 2022, State Farm’s auto insurance companies reported record underwriting losses due to rapidly increasing claims severity and significant additions to prior accident year incurred claims. While State Farm experienced unfavorable operating results in auto, State Farm Mutual Automobile Insurance Company remains financially strong. State Farm […]

Filed Under: News Tagged With: Earnings, State Farm

NAMIC Lauds Reintroduction of Federal Right to Repair Auto Bill

February 28, 2023 By CollisionWeek Editor

The National Association of Mutual Insurance Companies commends legislation re-introduced in the House of Representatives to ensure access to repair and diagnostic automobile data that will provide consumers with greater choice in having their cars repaired. According to the association, protecting a consumer’s right to choose their repair providers and control the data needed to […]

Filed Under: News Tagged With: legislation, National Association of Mutual Insurance Companies, Right to Repair, U.S. House of Representatives

Office Occupancy Surpasses 50%

February 28, 2023 By CollisionWeek Editor

According to the latest report from Kastle Systems, last week, office occupancy exceeded 50% for only the second time since the start of the pandemic. Occupancy rose by three tenths of a point to 50.1%, according to the Back to Work Barometer. Despite the data only measuring four days due to the Presidents Day holiday, […]

Filed Under: News Tagged With: Kastle Systems, Office Occupancy

U.S. Pedestrian Deaths Projected to Have Risen Yet Again in First Half of 2022

February 28, 2023 By CollisionWeek Editor

Dangerous driving, inadequate infrastructure and larger vehicles lead to deadly conditions for people walking, with one death every 75 minutes. Drivers in the United States struck and killed 3,434 people in the first half of 2022 – up 5%, or 168 more deaths, from the same period the year before, according to a new analysis […]

Filed Under: News Tagged With: Governors Highway Safety Association, Pedestrian Safety

ASE Instructor Conference July 17-20 in North Carolina

February 28, 2023 By CollisionWeek Editor

The 2023 ASE Instructor Training Conference is scheduled for July 17-20 at the Embassy Suites Hotel in Concord, N.C., just outside of Charlotte. Hosted by the ASE Education Foundation, the conference will host hundreds of high school and college instructors from auto, truck and collision repair programs nationwide at the premier national training event of […]

Filed Under: News Tagged With: Annual Conference, ASE Education Foundation, Career and Technical Education, North Carolina

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