The Claims Bridge International announced it will be hosting an online panel discussion on Thursday, May 28, at 3 pm EST, titled Is COVID-19 Driving Claims Innovation? During the free webinar, international insurance experts from the United States, United Kingdom, Australia and European Union will share their insights about the future of the claims industry […]
OSHA Adopts Revised Enforcement Policies on Coronavirus
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has adopted revised policies for enforcing OSHA’s requirements with respect to coronavirus as economies reopen in states throughout the country. Throughout the course of the pandemic, understanding about the transmission and prevention of infection has improved. The government and the private sector have taken […]
Nationwide Creates Enterprise Innovation and Digital Organization
Nationwide announced it is making some organizational adjustments to enable the company to further enhance and accelerate its focus on innovation with an emphasis on digital interactions. Chetan Kandhari, Chief Digital Officer, will lead a new Enterprise Innovation and Digital organization, aligning all of Nationwide’s innovation and digital teams into one and accelerating delivery of […]
Motor Vehicle Fatality Rates Jump 14% in March Despite Quarantines
Preliminary estimates from the National Safety Council show that as Americans began driving less and covering fewer miles, the emptier roads became more lethal. Early data indicate a year-over-year 14% jump in fatality rates per miles driven in March, in spite of an 8% drop in the total number of roadway deaths compared to March […]
CARSTAR Adds Collision Repair Center to Network in Los Angeles
CARSTAR announced the opening of CARSTAR First Choice Auto Body, a 6,500 sq. ft. facility located at 4368 Fountain Avenue, in Los Angeles, Calif. The collision repair center is the first CARSTAR location for owner Edwin Khoshabeh, a third-generation auto body repairer who has been in the industry his whole life. “My father had an […]
State Farm Announces $2.2 Billion in Auto Insurance Cuts
State Farm announced that based on current trends, it is working to reduce auto insurance rates in every state. The national average for those rate reductions is 11%, saving customers a total of approximately $2.2 billion. The rate reductions are in addition to its Good Neighbor Relief Program that State Farm previously announced would provide […]
AASP/NJ Highlights Benefits to Members During COVID-19 Crisis
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) continues to provide its members with key information and resources to help guide their businesses as the COVID-19 pandemic crisis continues on. “From the time this first started, AASP/NJ has been providing notices to our members on how to deal with the issues as they […]
EU Passenger car registrations Down 76.3% in April
In April 2020, registrations of new passenger cars in the European Union posted a year-on-year decline of 76.3%. The first full month with COVID-19 restrictions in place resulted in the strongest monthly drop in car demand since records began. The EU was harder hit than the U.S. in April as sales in the U.S. were […]
Small Business Optimism Declined in April
The NFIB index continues its two month slide in wake of pandemic. The National Federation of Independent Business (NFIB) small business optimism index took another dive in April, falling 5.5 points to 90.9, with owners expressing certainty the economy will weaken in the near-term, but expecting it to improve over the next six months. The […]
SBA and Treasury Department Release Paycheck Protection Program Loan Forgiveness Application
On Friday, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act […]