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Allstate Announces April Implemented Auto Rate Increases of 8.6% in 13 Locations

May 18, 2023 By CollisionWeek Editor

Rate increases since the beginning of the year expected to raise written premiums by $862 million. The Allstate Corporation (NYSE: ALL) announced that during the month of April, the Allstate brand implemented auto rate increases were 8.6% across 13 locations, resulting in total brand premium impact of 1.6%. “Allstate continued to implement significant auto insurance […]

Filed Under: News Tagged With: Allstate, Net Written Premiums, Premiums

Lift Auto Group Acquires Collision Repair Center in Burnaby, British Columbia

May 18, 2023 By CollisionWeek Editor

Lift Auto Group announced the acquisition of B&M Auto-Craft Collision formerly owned by brothers-in-law Tony Murazzo and Antonio Beninteso. The facility, located in Burnaby, B.C., now joins the CSN Collision network and will operate as CSN BM Collision. “Lift is a great company. I had the opportunity to chat with them and they’re so professional […]

Filed Under: News Tagged With: Acquisitions, British Columbia, Canada, CSN Collision Centres, Lift Auto Group

Fix Auto UK Announces Awards at National Conference

May 18, 2023 By CollisionWeek Editor

Fix Auto Weston-super-Mare became the toast of Fix Auto UK’s 2023 National Conference after being named as the network’s ‘Bodyshop of the Year’ during the organization’s highly anticipated ‘Next Gen’ themed National Conference. Presented in front of a record number of delegates, insurer guests and suppliers at The Vox, near Birmingham, Somerset business owners Tony […]

Filed Under: News Tagged With: Annual Conference, Awards, Fix Auto UK, United Kingdom

Michael Wise Confirmed as South Carolina Insurance Director

May 18, 2023 By CollisionWeek Editor

Michael Wise was confirmed by the South Carolina Senate as the next Director of the South Carolina Department of Insurance. “The Department of Insurance has done exceptional work during the short time that Mr. Wise has served as Acting Director,” said South Carolina Governor Henry McMaster. “From hurricanes to combating insurance fraud, he has repeatedly […]

Filed Under: News Tagged With: Insurance Commissioner, People, South Carolina

Progressive Reports Personal Auto Policies in Force Grew 13% in April

May 17, 2023 By CollisionWeek Editor

Total personal auto policies in force exceeded 19.5 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,528,200 in April, an increase of 13% from April 2022. Agency personal auto insurance policies were 8,337,100, up 8% from 2022 and direct policies in force were 11,191,100, up 17% versus April […]

Filed Under: News Tagged With: Earnings, Net Written Premiums, Policies in Force, Progressive

AASP-MN Announces 2023-2024 Board of Directors

May 17, 2023 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced new board members: Shannon Christian, Shannon’s Auto Body, Brainerd (Collision seat); Tim Kruse, TGK Automotive, Hugo (Mechanical seat); and Randy Notto, Lenfer Automotive & Transmission, Lino Lakes (Mechanical seat). They join other members of the Board, which include: Mike McLynn, Automotive Electric, Grand Rapids, President […]

Filed Under: News Tagged With: AASP-MN, Board of Directors, Minnesota

Wisconsin Collision Repair Professionals Members Rank Acuity Insurance Best Overall for Claims Handling

May 17, 2023 By CollisionWeek Editor

Wisconsin Collision Repair Professionals (WCRP) members recently completed a survey in which they ranked 20 insurance companies based on their overall experiences with their claims handling. The table above shows the overall rankings of the WCRP survey.

Filed Under: News Tagged With: Auto Insurance, Wisconsin, Wisconsin Collision Repair Professionals

Second Annual Midwest Collision Repair Trade Show May 19

May 16, 2023 By CollisionWeek Editor

Event in Overland Park, Kansas starts at noon on Friday. The Midwest Collision Repair Trade Show and Conference is this week in the Kansas City suburb of Overland Park, Kan. Mike Anderson, from Collision Advice, will kick things off this coming Friday, May 19 at 12:00 p.m. with his “Be Extraordinary” presentation. In today’s collision […]

Filed Under: News Tagged With: Kansas, Midwest Collision Repair Trade Show

Mitchell Reports US and Canada See First Quarter Increase in Repairable EV Claims Frequency

May 16, 2023 By CollisionWeek Editor

EVs have higher than average vehicle repair costs and cycle time. Mitchell, an Enlyte company, today reported that electric vehicle (EV) repairable claims frequency increased in Q1 2023 to 1.13% in the US and 2.41% in Canada. The data was featured in the company’s latest Plugged-In: EV Collision Insights publication, which provides up-to-date EV claims […]

Filed Under: News Tagged With: Claim Frequency, Claim Severity, Electric Vehicles, Mitchell International

BASF Coatings Division Names Heads of Global Automotive OEM, Refinish and Surface Treatment Business Units

May 16, 2023 By CollisionWeek Editor

Effective August 1, the Coatings division of BASF will implement global units for its Automotive OEM Coatings Solutions and Automotive Refinish Coatings Solutions businesses. With the new organizational setup, BASF better serves its global customers who increasingly ask for global support and services. Patrick Zheng Yu Zhao will take charge of the new Global Automotive […]

Filed Under: News Tagged With: BASF, People

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