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California Insurance Commissioner Investigated Over Campaign Finance Complaints

June 1, 2022 By CollisionWeek Editor

Regulator investigates insurance companies funneling $122,500 to Lara campaign. According to the nonprofit Consumer Watchdog, seven insurance companies have contributed $122,500 to the LGBTQ Caucus, which in turn spent the money on an independent expenditure campaign to re-elect Ricardo Lara as insurance commissioner without disclosing the source of the donations. Consumer Watchdog filed a complaint […]

Filed Under: News Tagged With: California, Ethics, Insurance Commissioner

Service King Reaches Agreement with Financial Stakeholders to Recapitalize Business

May 31, 2022 By CollisionWeek Editor

Clearlake Capital Group assumes majority ownership. MSO receives $200 million new capital injection, reduces net indebtedness by over $500 million. Service King today announced its entry into a comprehensive agreement with key financial stakeholders that will provide the Company with new capital, reduce debt, extend remaining existing debt maturities, and position Service King to increase […]

Filed Under: News Tagged With: Acquisitions, Clearlake Capital Group, Service King Collision Repair Centers

Classic Collision Acquires Collision Repair Center in Holly Hill, Florida

May 31, 2022 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of The Body Werks repair center in Holly Hill, Fla. The Body Werks has been taking care of the collision repair needs for Daytona and the surrounding areas for almost 40 years. “We have gained a stellar reputation in our community because of our attention to detail and our […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Auto and Marine Finishes Named BASF ColorSource Distributor of the Year

May 31, 2022 By CollisionWeek Editor

Auto and Marine Finishes (AMF) won the BASF ColorSource Automotive Refinish 2021 Distributor of the Year award at BASF’s annual ColorSource conference held in April in Tampa, Fla. “Auto and Marine Finishes (AMF) has been an extremely strong partner for BASF in southwest Florida and southwestern Illinois since joining the ColorSource program in 2017,” said […]

Filed Under: News Tagged With: Auto and Marine Finishes, Awards, BASF, PBE Distributor

Collision Industry Foundation Gala July 20 in Pittsburgh 

May 31, 2022 By CollisionWeek Editor

The Collision Industry Foundation (CIF) announced its 11th Gala event will be held at 6:30 p.m. Wednesday, July 20, at Howl at the Moon, in Pittsburgh, Pa. near industry meetings being held at the Omni William Penn Hotel.  Registration for the CIF Gala is available online. The goal of this annual industry get-together is to […]

Filed Under: News Tagged With: Collision Industry Foundation, Fundraiser, Pennsylvania

Maaco Fort Myers Partners with Local Technical College

May 31, 2022 By CollisionWeek Editor

Maaco Fort Myers launched a partnership with local technical college, Fort Myers Technical College, to help support future auto body repair professionals. Owner of Maaco Fort Myers, Justin DePasquale, and his business partner, Richard Leatherwood, have been actively working to find causes important in Fort Myers, so they can give back to the community they […]

Filed Under: News Tagged With: Career and Technical Education, Florida, MAACO

AAA Projects 39.2 Million People Will Travel During US Memorial Day Holiday

May 26, 2022 By CollisionWeek Editor

Nearly 90% will travel by car over long holiday weekend. The unofficial start to summer will be a busy one this year as AAA predicts 39.2 million people will travel 50 miles or more from home this Memorial Day weekend in the U.S. This is an increase of 8.3% over 2021, bringing travel volumes almost […]

Filed Under: News Tagged With: AAA, Holiday Travel

Allstate Says Collision Data Points to Increasingly Dangerous Roads this Summer

May 26, 2022 By CollisionWeek Editor

Collision rates could be more than 7% higher in the summer post-pandemic. An analysis by Allstate of proprietary collision data for the five years between 2017 and 2021 reveals that the U.S. is likely to see riskier roadways this summer. Over the past two years, numerous roadway safety organizations, including the National Highway Traffic Safety […]

Filed Under: News Tagged With: Accident Frequency, Allstate

NOAA Predicts Above-Normal Atlantic Hurricane Season This Year

May 26, 2022 By CollisionWeek Editor

Ongoing La Niña, above-average Atlantic temperatures set the stage for busy season ahead.  Forecasters at NOAA’s Climate Prediction Center, a division of the National Weather Service, are predicting above-average hurricane activity this year — which would make it the seventh consecutive above-average hurricane season. NOAA’s outlook for the 2022 Atlantic hurricane season, which extends from […]

Filed Under: News Tagged With: Disaster Preparedness, NOAA

Toyota Auto Body California Donates Nearly 1,000 Quarter Panels to Collision Repair Students Through CREF

May 26, 2022 By CollisionWeek Editor

Toyota Motor North America, Inc. connected the Collision Repair Education Foundation (CREF) to Toyota Auto Body California, Inc. for a donation of 944 quarter panels, valued at $632,480, which will benefit collision repair educational programs around the country. Quarter panels will be distributed to over 100 schools, immediately impacting over 3,000 students by allowing them […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, Toyota Motor Sales

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