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Cassie Brown Appointed Commissioner of Insurance in Texas

September 13, 2021 By CollisionWeek Editor

Texas Governor Greg Abbott has appointed Cassie Brown as the Commissioner of Insurance for a term set to expire on February 1, 2023. Cassie Brown of Austin has served as the Commissioner of Workers’ Compensation since June 2018. Previously, she served as is deputy commissioner for Regulatory Policy at the Texas Department of Insurance. In […]

Filed Under: News Tagged With: Insurance Commissioner, People, Texas, Texas Department of Insurance

Boyd Group Acquires First Collision Repair Center in Iowa

September 10, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Ankeny, Iowa. This marks the Boyd Group’s entry into its 31st state in the U.S. This new Gerber Collision & Glass collision repair center operated as Smith’s Collision & Paint. Ankeny is a northern suburb of the state capital Des Moines and […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Iowa

Copart Reports Fourth Quarter Revenue Up Over 42%

September 10, 2021 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported financial results for the quarter and year ended July 31, 2021. For the quarter, revenue, gross profit, and net income were $748.6 million, $357.5 million, and $256.0 million, respectively. These represent an increase in revenue of $223.0 million, or 42.4%; an increase in gross profit of $107.1 million, or 42.7%; and […]

Filed Under: News Tagged With: Copart, Earnings

Women in Auto Care Awards Over $175,000 in Scholarships and Tools in 2021

September 9, 2021 By CollisionWeek Editor

Women in Auto Care, a community of the Auto Care Association, awarded more than $175,000 in scholarship funding and starter tool sets to 63 female students across the United States looking to have a career in the auto care industry. The group’s scholarship program began in 2004 and has grown to awarding over $100,000 for […]

Filed Under: News Tagged With: Auto Care Association, Scholarships

Research Shows Crash Avoidance Technology Results in Larger Collision Claims Reduction for Young Drivers than Other Age Groups

September 9, 2021 By CollisionWeek Editor

Crash avoidance features seem to benefit young drivers more than others according to an analysis of insurance data by the Highway Loss Data Institute. Crash avoidance systems are associated with larger reductions in the frequency of collision and property damage liability (PDL) claims for drivers under 25 years old than those ages 25 and older, […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Claim Frequency, Crash Avoidance, Highway Loss Data Institute

Mitchell and Car ADAS Solutions Partner to Provide Enhanced Calibration Support

September 9, 2021 By CollisionWeek Editor

Collaboration assists collision repairers with set up and operation of calibration centers for vehicles equipped with Advanced Driver Assistance Systems. Mitchell and Car ADAS Solutions, an Advanced Driver Assistance System (ADAS) technology and services company, have joined forces to offer enhanced support for dynamic and static ADAS calibrations. Mitchell’s MD-500 scan tool and MD-TS21 target […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Agreements Signed, Car ADAS Solutions, Diagnostics, Mitchell International, Recalibration

Ford Motor Company and LexisNexis Risk Solutions Partner to Provide Connected Vehicle Data to Auto Insurers

September 9, 2021 By CollisionWeek Editor

LexisNexis Risk Solutions and Ford Motor Company today announced they have entered into a strategic agreement so that Ford connected vehicle data can be available to U.S. auto insurers via the LexisNexis Telematics Exchange. Ford and Lincoln customers with an eligible 2020 model year or newer vehicle can opt in to participate in usage-based insurance […]

Filed Under: News Tagged With: Agreements Signed, Ford Motor Company, LexisNexis Risk Solutions, Telematics

Opus IVS and Certified Collision Group Launch Collision Repair Diagnostic Partnership

September 9, 2021 By CollisionWeek Editor

The Certified Collision Group (CCG) has entered into an agreement to deploy the Opus IVS collision scanning solution to its network of over 575 independent affiliate collision repair locations in 39 states. CCG worked with Opus IVS, formerly known as Drew Technologies, to bring ScanSafe and DriveSafe to the group – allowing shops to improve […]

Filed Under: News Tagged With: Agreements Signed, Certified Collision Group, Diagnostics, Opus IVS

I-CAR Publishes Best Practice for High-Voltage Disconnecting Procedure

September 8, 2021 By CollisionWeek Editor

The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the official release of the Electric Vehicle (EV) Best Practice guide for a High-Voltage Disconnecting Procedure. Information on the procedure, including links to downloadable documents are available online. The document is designed to complement OEM repair procedures, providing guidance for technicians in this extremely important area […]

Filed Under: News Tagged With: Best Practices, Electric Vehicles, I-CAR, OEM Repair Procedures

NJM Insurance Group Expands in the Mid-Atlantic Region

September 8, 2021 By CollisionWeek Editor

Announces launch in Maryland and Delaware. NJM Insurance Group today announced it now offers its full complement of personal and business insurance in Maryland and full line of business insurance in Delaware. “We are pleased to bring NJM’s insurance products and nationally recognized customer satisfaction to Maryland and Delaware consumers,” said Mitch Livingston, NJM president […]

Filed Under: News Tagged With: Delaware, Maryland, NJM Insurance Company, Openings

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