Universal Technical Institute (UTI) announced the completion of a series of transactions resulting in the 100% ownership of its Lisle, Ill. campus through a wholly owned subsidiary, 2611 Corporate West Drive Ventures, LLC (2611 CWD). This was accomplished by the acquisition of the approximately 72% ownership of 2611 CWD previously held by iStar Net Lease […]
NHTSA to Allow Adaptive Driving Beam Headlights on New Vehicles
The U.S. Department of Transportation’s National Highway Traffic Safety Administration issued a final rule allowing automakers to install adaptive driving beam headlights on new vehicles. This satisfies a requirement in the Bipartisan Infrastructure Law more than a year and a half ahead of schedule. Adaptive driving beam headlight systems, or ADB, use automatic headlight beam […]
Stacey Phillips Named Director of Marketing at 1Collision
1Collision announced that Stacey Phillips will assist the company as director of marketing effective immediately. Phillips will work closely with the 1Collision team to guide and support the company’s marketing strategy. She will also support the continued growth and development of 1Collision’s expansion of independent single and multiple location collision repair centers throughout the United […]
Property and Casualty Insurers See $5.6B Net Underwriting Loss in First Nine Months of 2021
Underwriting loss driven by increase in non-catastrophe losses from several lines, including personal auto. Private U.S. property/casualty insurers saw a $5.6 billion net underwriting loss in the first nine months of 2021, as non-catastrophe losses returned to pre-pandemic levels, according to a report by Verisk (NASDAQ:VRSK), the global data analytics provider, and the American Property […]
Crash Champions Acquires Collision Repair Center in Billings, Montana
Crash Champions, LLC announced today that it has grown its presence in Montana through the acquisition of American Auto Body, a single shop located at 650 S. 20th St. W. in Billings, Mont. This transaction follows the Company’s entry into Big Sky Country through the acquisition of Raisin, a five-location shop with properties extending from […]
State Farm and Ford Announce Usage-Based Insurance Program Debuts in Four States Additional States
State Farm and Ford announced the launch of Drive Safe & Save Connected Car for customers with eligible connected Ford or Lincoln vehicles, to benefit from usage-based insurance (UBI). State Farm customers with eligible connected vehicles can opt into the State Farm UBI program, Drive Safe & Save, which adjusts premiums to an individual vehicle’s […]
I-CAR Joins List of Northeast Trade Show Seminar Presenters
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced that I-CAR’s Paul Hill, Principal, Business Development North East Region at I-CAR, and Bud Center, I-CAR Director, Technical Products and Curriculum, have been added to the highly anticipated educational slate at the NORTHEAST 2022 Automotive Services Show taking place March 18-20 at the Meadowlands […]
AirPro Diagnostics Secures Strategic Partnership with BASF
AirPro Diagnostics announced it has been awarded strategic partner status with BASF ColorSource. “Knowing that more and more vehicles with unique ADAS technology are entering our customers shops we went to work to research this field and identify the best solution for our customers”, stated Sally Miener, BASF ColorSource and Partner Program Manager. “We chose […]
Allstate and Enterprise Support Schools Through Collision Repair Education Foundation
Collision repair schools in Illinois, Massachusetts and South Carolina benefit from industry support. The Collision Repair Education Foundation (CREF) announced that six schools will receive Collision School Career Readiness Benchmark Grants. Allstate is providing a $10,000 grant to Thornton Fractional High School Center for Academics and Technology, located in Calumet City, Ill., to improve its […]
AASP/NJ to Award a Total of $5,000 to Attendees of Northeast Trade Show
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced it will award a total of $5,000 in Northeast Dollars – $500 each to 10 lucky attendees – to be applied toward any purchase at the collision repair trade show, which is set for March 18-20 at the Meadowlands Exposition Center (MEC) in Secaucus, […]
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