Infomedia Ltd (ASX:IFM) announced June 20 that it has received an offer from Solera Holdings LLC to acquire 100% of Infomedia for a price of AU$1.70 per share payable in cash that values the company at AU$638.8 million ($443 million). Founded in 1987, Infomedia supplies solutions to the parts and service sector of the automotive […]
CARSTAR Adds Collision Repair Center to Network in Minnesota
CARSTAR announces the addition of CARSTAR Apple Valley Collision Center, a 15,000 sq. ft. facility located at 6904 145th W. in Apple Valley, Minn. to its network of independently owned and operated collision repair facilities. Mike Bighley, owner of CARSTAR Apple Valley Collision Center, has been in the collision repair industry for over 17 years. […]
Car-O-Liner Lists Training Schedule in New Online Calendar
Car-O-Liner has added an online events calendar to its website as a helpful resource for customers looking to register for upcoming training events. The events calendar features on-site training opportunities that cover meaningful subjects and focus on how to best maximize the use of Car-O-Liner tools and equipment. Upcoming Car-O-Liner training events include: July 11-12 […]
ASE Instructor Training Conference Keynote to Focus on Making Training and Workplaces More Welcoming for Women
The ASE Education Foundation will kick off its 2022 Instructor Training Conference with a keynote panel focused on making training programs and workplaces more welcoming to everyone, including women and other underrepresented groups. According to the Foundation, while women make up 50 percent of the workforce, only two percent work as automotive service technicians. According […]
Crash Champions Expand California Footprint with Acquisition of the Mike’s Auto Body
Adds 17 locations in the state. Crash Champions announced today an agreement to acquire Mike’s Auto Body, a leading family-owned collision repair multi-shop operator (MSO) in the greater San Francisco Bay Area. Slated to close in early August 2022, all 17 Mike’s Auto Body locations will operate under the Crash Champions name and banner, bringing […]
ProColor Collision Adds New Repair Center in Southern California
ProColor Collision Rialto is the latest collision repair center to join ProColor Collision’s footprint as the collision repair brand reinforces its market presence across the U.S. Formerly known as A&A Auto Body Shop, ProColor Collision Rialto is a 10,500 sq. ft full-service collision repair facility located in Bloomington, Calif. that is equipped to handle advanced […]
Colors On Parade Enters North Louisiana Market
Colors on Parade is expanding into the North Louisiana market. The mobile paint and dent repair franchise system announced that Chris and Tessa Hall purchased the Shreveport-Bossier City Metro Area of Colors on Parade to develop the designated marketing area (DMA) with paint, dent and wheel repair franchise units. A retired USAF veteran, Chris Hall […]
Solera Launches Qapter Intelligent Triage to Accelerate Claim Resolution from the First Notice of Loss
Solera announced the launch of its new Qapter Intelligent Triage, a global visual intelligence service designed to enable claims handlers to improve the speed and accuracy of triage decisions following the first notice of loss (FNOL). The product allows the policyholder to submit photos of the damaged vehicle following the first contact with their insurer. […]
Insurance Information Institute Tells SEC that U.S. Insurers Already Lead Way on Climate-Related Disclosures
Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors, the Insurance Information Institute (Triple-I) said in a letter sent to the U.S. Securities and Exchange Commission (SEC). Triple-I’s letter came in response to the SEC’s request for public comment on its proposed rulemaking, “The […]
IIHS Sees Benefit of Newer Intersection Assistance Technology to Reduce Crashes by Older Drivers
As the number of older drivers grows rapidly, safety group says advanced driver assistance technology can help reduce injuries and fatalities. Advanced technologies designed to help drivers navigate intersections could address a third of the crashes that cause older driver injuries and fatalities, a new study from the Insurance Institute for Highway Safety (IIHS) shows. […]
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