The Alliance of Automotive Service Providers of Minnesota (AASP-MN) held its 20th Annual Race for Automotive Education, February 23-24, at ProKart Indoor Racing in Burnsville, Minn. The event raised nearly $9,000 to support the Alliance’s Automotive Education Fund and will fund scholarships for automotive students enrolled in ASE Accredited auto service and collision repair programs […]
March 24 CIECA Webinar Features Driven Brands and 1Collision Execs on Using Technology to Communicate with Customers
The Collision Industry Electronic Commerce Association (CIECA) announced that its next CIECAST webinar Using Technology to Communicate Effectively With Customers is scheduled for Thursday, March 24 at 11 am PDT/1 pm CDT/ 2 pm EDT. The one-hour webinar will feature Dean Fisher, collision president for Driven Brands, and Jim Keller, president & COO of 1Collision. […]
31 Countries to Make 60 Million Barrels of Oil from Strategic Reserves Available Following Russia’s Invasion of Ukraine
The 31 Member Countries of the Governing Board of the International Energy Agency agreed to release 60 million barrels of oil from their emergency reserves to send a unified and strong message to global oil markets that there will be no shortfall in supplies as a result of Russia’s invasion of Ukraine. The U.S. is […]
NICB Testifies Before Senate Judiciary Committee on Unprecedented Rise in Auto Thefts, Carjackings
Cities across the United States have experienced an unprecedented rise in auto thefts and carjackings in recent years. David Glawe, president and CEO of the National Insurance Crime Bureau (NICB), provided comprehensive expert testimony today before the U.S. Senate Committee on the Judiciary regarding this complex issue. In his testimony, Glawe spoke on the staggering […]
State Farm Reports Record Growth in Auto Policies But Lower Earned Premiums
The largest auto insurer in the U.S. returned $401 million in dividends to auto policyholders even with higher claim costs. State Farm Insurance Companies announced it experienced record growth in auto, home and life policies in 2021. While experiencing record growth in auto policies, State Farm reported another year-over-year decrease in auto earned premium. The […]
CCC Reports Revenue of $187.1 Million in Fourth Quarter
CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) announced total revenue was $187.1 million for the fourth quarter ended December 31, up from $165.4 million for the fourth quarter of 2020. Adjusted for the impact of the divestiture of a portion of its professional services casualty solution in December 2020, total revenue grew 19% in the fourth […]
Liberty Mutual Completes State Auto Acquisition
Liberty Mutual Insurance has completed the acquisition of State Auto Group, a super-regional property and casualty insurance holding company headquartered in Columbus, Ohio that distributes personal and small commercial coverages in 33 states through approximately 3,400 independent agents. More than 2,000 State Auto employees will join Liberty Mutual’s Global Retail Markets US business unit. Through […]
CSN Adds Collision Repair Center to Network in Ontario, Canada
CSN MGI Collision in Kirkland Lake, Ontario, Canada is the latest addition to the CSN Collision Centres network. Located just a stone’s throw away from the Trans-Canada Highway in Kirkland Lake, Northeastern Ontario, CSN MGI Collision owners Carole and Darren Arsenault have been in business since 2009 and are excited to join CSN, accessing the […]
AAA Says Drivers Paid $26.5 Billion in Vehicle Repairs Due to Potholes
Americans battling the polar vortex will soon face a greater enemy—pothole season. A new survey from AAA found that last year 1 in 10 drivers sustained vehicle damage significant enough to warrant a repair after hitting a pothole. With an average price tag of almost $600 per repair, damage caused by potholes cost drivers a […]
Consumer Sentiment Sinks in February
Concerns about inflation’s impact on personal finances and its impact on the economy as a whole worry U.S. consumers. Consumer sentiment fell in February to its lowest level in the past decade, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 62.8 in the February 2022 survey, down from […]
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