Chief Collision Technology, part of Vehicle Service Group (VSG), will soon offer an automated hail claim management solution with the launch of Constellation. The technology solution will give insurance providers, fleet managers and collision repair facilities a complete hail repair solution—from first notice of loss through the claims process and finally to vehicle repair. Constellation […]
Sonsio and Evolution by Dent Wizard Complete Merger
Sonsio LLC, a provider of vehicle protection and warranty programs to the automotive aftermarket, recently announced its merger with Evolution, Dent Wizard’s F&I vehicle protection division. The merger was effective January 1. The combined company will operate under the Sonsio Vehicle Protection brand. David Jones, Sonsio’s president & CEO, will remain CEO of the newly […]
Service King Opens Two Locations in Houston
Service King Collision announced the opening of two new locations in the Houston, Texas market. The new facilities include the Spring Stuebner location at 7323 N. Grand Parkway W. in Spring, Texas and its Fairbanks facility located at 14641 Northwest Fwy. in Houston. “Due to the pandemic, we originally opened these shops as Satellite Facilities […]
Boyd Group Acquires Collision Repair Center in Colorado
The Boyd Group Inc. announced the acquisition of a collision repair center in Avon, Colo. The new Gerber Collision & Glass location previously operated as Rich’s Auto Body and has serviced the market since 1984. Located in the Western Slope of Colorado, Avon attracts visitors for skiing, mountain biking, and hiking. This repair center is […]
Allstate Closes National General Acquisition
The Allstate Corporation (NYSE: ALL) announced that it closed its previously announced $4 billion acquisition of National General Holdings Corp. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents will now have more protection offerings for customers, with a […]
Crash Data in Four States Show 23% Fewer Accidents in September and October
Consumer groups reiterate call for state insurance commissioners to require auto insurance refunds in response to “staggering drop in accidents” due to pandemic. Auto crashes remain low according to new accident data published by the Consumer Federation of America (CFA) and the Center for Economic Justice (CEJ). The groups said that ongoing reduction in pandemic-driven crashes […]
State Farm to Require CCC Estimating for Select Service Collision Repair Facilities
State Farm, in an email to its Select Service direct repair facilities last week, announced that it will begin requiring the use of CCC’s estimating. The insurer, while supporting the use of multiple estimating platforms for many years, has included the ability to specify vendors and products in a provision in its Select Service agreement […]
Classic Collision Acquires Collision Repair Centers in Florida and California
Classic Collision, LLC, the Atlanta, Ga.-based collision repair facility operator headquartered in Atlanta, announced two acquisition transactions during the end of December. On December 19, Classic announced the acquisition of Collision Concepts in Delray Beach, Fla. Collision Concepts has served the Delray Beach area for over 40 years and meets the highest standard of craftsmanship […]
CSN Adds Collision Repair Center to Network in Toronto Market
CSN Hawley located just south of the 401 in Mississauga, Ontario is the collision repair facility to join the CSN Collision Centres network. “This area sees more than 40,000 vehicles a day so it’s important to the community to have a quality collision repairer they can trust, a reputation we’ve held for more than 50 […]
Driven Brands Files for Initial Public Offering
Driven Brands Holdings filed on December 22 with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering. Rennaissance Capital said, however, the deal is likely a placeholder for an IPO we estimate could raise up to $600 million. Driven Brands franchise network has 4,100 locations across […]
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