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Collision Repair Center Office Secretary Sentenced to Federal Prison for Stealing Over $200,000 from Employer

February 22, 2022 By CollisionWeek Editor

Rhode Island woman pleaded guilty to mail fraud. A Pawtucket, R.I. woman who, while working as office secretary at Ideal Auto Body in Cranston, devised a scheme to fraudulently obtain the proceeds of nearly 200 checks provided to customers by their insurance companies to pay for vehicle repairs, has been sentenced to two years in federal […]

Filed Under: News Tagged With: Department of Justice, Fraud, Lawsuits, Rhode Island

Labor Rate Panel Discussion Featured at Northeast Tradeshow

February 22, 2022 By CollisionWeek Editor

Spots are filling up quickly for the much-anticipated educational slate at the NORTHEAST 2022 Automotive Services Show, taking place March 18-20 at the Meadowlands Exposition Center (MEC) in Secaucus, NJ. One of the most widely talked about, debated and legislatively battled issues affecting the automotive repair industry is the labor rate. A special panel, Labor […]

Filed Under: News Tagged With: AASP/NJ, Labor Rates, Northeast Trade Show

NABC to Host Round Up Pars for Cars Golf Fundraiser April 12 in Oklahoma City

February 22, 2022 By CollisionWeek Editor

The National Auto Body Council will host the first golf fundraising event of 2022 at the Golf Club of Edmond, in conjunction with industry meetings taking place in Oklahoma City. The NABC Round Up Pars for Cars Golf Fundraiser presented by Hertz will take place on Tuesday, April 12, with a 1 p.m. CT shotgun […]

Filed Under: News Tagged With: Golf Outing, National Auto Body Council

Advantage Parts Solutions Announces Promotions within Global Leadership Team

February 22, 2022 By CollisionWeek Editor

Advantage Parts Solutions, the global provider of strategic automotive parts solutions, announced promotions within its global leadership team. Darren Clark was promoted to UK Managing Director, Murray Isaac to Chief Financial Officer, and Steve Kirstiuk to Senior Vice President of Global Operations. Clark began his career with Advantage Parts Solutions as one of the founding […]

Filed Under: News Tagged With: Advantage Parts Solutions, People

LKQ Corporation Reports Fourth Quarter Revenue of $3.2 Billion, up 7.9% versus 2020

February 17, 2022 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) today reported revenue for the fourth quarter of 2021 was $3.2 billion, an increase of 7.9% as compared to $3.0 billion in the fourth quarter of 2020. For the fourth quarter of 2021, parts and services organic revenue increased 6.6% (7.3% on a per day basis), while the net impact of acquisitions […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

Collision Repair Education Foundation Opens Summer Golf Fundraiser Registration

February 17, 2022 By CollisionWeek Editor

Registration is now open for the Collision Repair Education Foundation’s (CREF) 21st Annual Golf Fundraiser, co-hosted by PPG Automotive Refinish and scheduled to take place at the Edgewood Country Club in Pittsburgh, Pa. on Tuesday, July 19 in conjunction with national industry meetings. CREF invites collision professionals to support its efforts to bridge the gap […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, Golf Outing

Claim Genius Joins GT Fusion

February 17, 2022 By CollisionWeek Editor

Claim Genius announced it joined GT Fusion, the UK-based platform for damage repair estimation powered by AI technology partners. GT Fusion will enable insurtechs to expedite and streamline motor claims processes with greater automation. Together, the companies will enable accurate and reliable image analysis and cost estimation, leveraging GT Motive’s estimatic estimating data and Claim […]

Filed Under: News Tagged With: Agreements Signed, Claim Genius, GT Fusion, United Kingdom

Pennsylvania Insurance Commissioner Jessica Altman to Step Down

February 17, 2022 By CollisionWeek Editor

Pennsylvania Governor Tom Wolf announced that the Pennsylvania Insurance Department (PID) Commissioner Jessica Altman will resign her position with the commonwealth on Friday, February 25. “Commissioner Altman has been a steadfast leader for Pennsylvanians throughout her tenure in state government including protecting access to high-quality, affordable health care by holding insurance companies accountable, ensuring adequate […]

Filed Under: News Tagged With: Insurance Commissioner, Pennsylvania, People

Driven Brands Reports Revenue of Over $391 Million in Fourth Quarter Up 36% Versus 2020

February 16, 2022 By CollisionWeek Editor

Paint, Collision & Glass segment same-store sales up 11.4% in quarter. Driven Brands Holdings Inc. (NASDAQ:DRVN) reported revenue was $391.9 million in its fourth quarter ended December 25, 2021, an increase of 36% versus the prior year. System-wide sales were $1.2 billion, an increase of 26% versus the prior year, with 6% net store growth […]

Filed Under: News Tagged With: Driven Brands, Earnings

Crash Champions Acquires Collision Repair Center in Cleveland, Ohio Market

February 16, 2022 By CollisionWeek Editor

Crash Champions, LLC announced that it has grown its presence in the greater Cleveland, Ohio market with the acquisition of Sunnyside Collision located at 5775 W 130th St, in Parma. The addition of Sunnyside Collision is the latest transaction that the Company has completed in the greater Cleveland metro area and follows earlier acquisitions of […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Ohio

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