Fourth round of relief will issue customers a 5% premium credit for April and May. American Family Insurance announced today it will continue to provide premium relief to personal auto insurance customers due to reduced driving and claims from the COVID-19 pandemic. New and existing customers with personal auto policies will receive a 5% premium […]
Turo Selects Claim Genius AI Technology for Auto Claims
Global peer-to-peer car sharing company Turo announced a partnership with Claim Genius, Inc, for artificial intelligence-based auto claims solutions. Turo will use Claim Genius’s advanced AI and image analysis technology to streamline the processing of auto damage claims to identify pre- versus post-trip damages, improving claims resolution time and accuracy. Under their partnership, Claim Genius […]
Uni-Select Reports Fourth Quarter Sales of $366.2 Million
Uni-Select Inc. (TSE:UNS) today reported consolidated sales of $366.2 million for the quarter ended December 31, a decline of 11.2% compared to the same quarter in 2019. Sales were impacted by COVID 19, resulting in negative consolidated organic growth of 12.0%. The fourth quarter was an improvement over the third quarter when negative organic growth […]
ASE Webinar This Afternoon Focuses on How to Optimize and Manage Your I-CAR Education
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for technicians today, Friday, Feb. 19 at 4:00 p.m. EST entitled Optimize and Manage Your I-CAR Education. This webinar will show participants how to optimize and manage their I-CAR training education with the professional development program 2.0. The webinar will also show […]
Private Equity Firm LNC Partners Invests in Kaizen Collision Center
Multiple shop operator currently has 10 collision repair centers in Arizona and Southern California. LNC Partners, a Northern Virginia-based private equity firm with over $500 million of capital under management, announced that it has partnered with Kaizen Collision Center by making an investment to support its continued growth strategy. Kaizen currently operates 10 collision repair […]
ProColor Collision Adds Location in Ontario, Canada
The Fix Network Canada announced that Burlington Central, located at 2481 Industrial Street in Burlington, Ontario, Canada, has become the newest location to join the ProColor Collision family. Raghbir Rangi and Abhijit “Abhi” Gill, current owners and operators of ProColor Collision Burlington Central, have a deep understanding of the latest collision repair advancements, having […]
Axalta Fourth Quarter Sales Down 2.2% Compared to 2019
Axalta Coating Systems Ltd. (NYSE:AXTA) announced its fourth quarter net sales were $1,074.5 million down 2.2% year-over-year, including a 1.8% foreign currency benefit. The result was driven by 3.8% lower volumes and 0.2% lower average price and product mix. Lower volumes were driven by ongoing COVID-19 related impacts primarily in the Refinish end-market, while volumes […]
LKQ Reports Fourth Quarter Revenue Down 1.9% Compared to 2019
LKQ Corporation (Nasdaq:LKQ) reported evenue for the fourth quarter of 2020 was $2.95 billion, a decrease of 1.9% as compared to $3.01 billion in the fourth quarter of 2019. For the fourth quarter of 2020, parts and services organic revenue decreased 5.2% (6.1% on a per day basis), while the net impact of acquisitions and […]
National Auto Body Council Partners with AnswerForce
The National Auto Body Council (NABC) has partnered with AnswerForce to offer live answering services to its members, allowing auto collision repair shops to support distressed drivers the moment they call, 24 hours a day. The partnership aims to deliver high levels of customer service and satisfaction helping members drive insurance-based referrals. “High customer satisfaction […]
CAR Coalition Calls for Federal Legislation to Preserve Consumer Choice in Collision Repair
Group including parts suppliers and insurers seeks legislation to preserve safety, consumer choice and competition. Warns of vehicle manufacturers “monopoly” on collision repairs in video. The CAR Coalition, a group of independent automotive parts and repair companies, associations and insurers committed to preserving consumer choice and affordable vehicle repair, is launching a Call to Action […]
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