The Certified Automotive Parts Association (CAPA), an independent non-profit standard-setting and certification organization for automotive crash parts, announced the election of five new insurer members to its Board of Directors. Joining the Board are: Brian Fening; Liberty Mutual Insurance; Kim Hare, Farmers Insurance; Troy Penry, GEICO; Michelle Perez, Progressive Insurance; and Cheryl Schaefer, State Farm […]
Investor Calls for Leadership Change at IAA, Inc.
Ancora letter to IAA’s Board of Directors asserts new senior leadership is needed for the company to grow or the company should be sold. Ancora Holdings Group, LLC that together with affiliates owns approximately 2% of IAA, Inc. (NYSE: IAA) outstanding common stock has called for new leadership at the auction firm, or failing that, […]
I-CAR Provides Update on Chicago Technical Center Construction
As construction of the 48,000 sq. ft. Chicago Technical Center (CTC) in Vernon Hills moves forward, another tangible symbol of I-CAR’s 43-year-old mission is unfolding for the collision repair inter-industry, explained I-CAR CEO & President John Van Alstyne. “I-CAR’s mission is to deliver increasingly accessible, on-demand and relevant education, knowledge, services and solutions for the […]
Toyota Announces $27 Million Investment to Expand California Stamping Plant
Toyota Motor North America (TMNA) announced a $27 million investment in the operation to support an increase in its production capabilities. Founded in 1972, Toyota Auto Body California, Inc. (TABC) is Toyota’s oldest plant in North America. It supports the stamping and welding of parts for Tacoma and past model service parts for multiple North […]
Registration Open for May 17-18 Paint, Body, Equipment Specialists Conference
The Auto Care Association’s Paint, Body, and Equipment Specialists (PBES) community today announced registration is open for its 2022 PBES Conference. The conference will take place May 17-18 in Orlando, Fla., at the Hyatt Regency Orlando. This year’s PBES Conference is part of Auto Care Connect, the Auto Care Association’s largest industry gathering that brings […]
Property Damage Appraisers Announce New Guidewire Marketplace App
Guidewire (NYSE: GWRE) and Property Damage Appraisers Inc. (PDA) announced that PDA’s new Ready for Guidewire integration for ClaimCenter is now available to insurers in the Guidewire Marketplace. The customer experience is intrinsically linked to loyalty, reported McKinsey & Company, which noted that satisfied auto insurance customers “are 80 percent more likely to renew their […]
California Auto Recycler to Pay $2.5 Million for Environmental Violations
Pick-N-Pull Auto Dismantlers settlement covers hazardous waste disposal and stormwater pollution issues. The Contra Costa County District Attorney’s Office, together with 13 other California District Attorneys have agreed to a $2.5 million dollar settlement with Pick-N-Pull Auto Dismantlers over the company’s illegal disposal of hazardous waste and stormwater pollution issues. Pick-N-Pull operates 21 facilities in […]
CCC Releases 2022 Crash Course Report
Labor shortages, supply chain challenges, climate change, and COVID uncertainty reshaping insurance economy trends as showcased in 27th annual edition of industry’s preeminent report CCC Intelligent Solutions Inc. (CCC) today released CCC Crash Course 2022, a data-driven report covering the business, consumer, and technology trends shaping the automotive, claims, repair and collision industries. The report […]
1Collision Partners with Auto Techcelerators on ADAS and Calibration Solutions
1Collision and Auto Techcelerators, LLC today announced a partnership where Auto Techcelerators will provide consulting, software, mobile apps and training to help 1Collision locations open and operate ADAS service and calibration businesses. According to 1Collision and Auto Techcelerators, 1Collision locations will now have access to advice, training, software, mobile apps and other solutions that will […]
State Farm Reports Average Auto Hail Claims $5,000
State Farm reported that the overall number of hail claims and cost in 2021 were lower than 2020. Total Auto and Home insurance claims were $2.5 billion in 2021, down from $3.1 billion in 2020. Auto hail claims totaled $480 million. In 2021, the average homeowner claim totaled more than $12,000, even with last year, […]
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