Uncertainty due to COVID-19 forces cancellation of this year’s Las Vegas event. Will determine interest in possible virtual event this fall. The Specialty Equipment Market Association (SEMA) announced that due to COVID-19 and concerns that event facilities and services will be unavailable, the SEMA Show will not be taking place this year. According to a […]
Allstate Reports Revenue Up 0.5% in Second Quarter
The Allstate-brand auto insurance combined ratio was 83.9, down more than 8 points due to pandemic impact on driving. The Allstate Corporation (NYSE: ALL) today reported second quarter revenue of $11.2 billion in the second quarter of 2020 increased 0.5% compared to the prior year quarter, primarily driven by net realized capital gains of $704 […]
IAA Announces Second Quarter Revenue Declined 19% to $297 Million on Impact from COVID-19 on Volume
IAA, Inc. (NYSE: IAA) announced its financial results for the second quarter of fiscal 2020, which ended June 28. John Kett, Chief Executive Officer and President, stated, “As expected, our second quarter results were materially impacted by COVID-19 and the sharp drop in miles driven and associated assignments in the quarter. Since late April, we […]
Collision Repair Shop Owner Wins Jay Leno’s Garage Tour in CREF Auction
BJ Penrod, owner of BJ’s Auto Theft and Collision in Denver, Colo., was thrilled to learn that he’d entered the winning bid for a private tour of Jay Leno’s Garage. The auction was held to benefit the Collision Repair Education Foundation (CREF) and its work to support collision repair educational programs, schools and students. “As […]
Audi of America Selects CCC for Collision Repair Parts Marketing Solution
Vehicle manufacturer will use CCC promotional part pricing solution. CCC Information Services Inc. (CCC) announced today that Audi of America has entered into a multi-year agreement with CCC to use CCC Promote as its sole parts promotion solution, supporting Audi dealers across the United States. CCC Promote enables Audi to offer promotional pricing on parts […]
USAA to Return an Additional $270 Million to Auto Insurance Policyholders
USAA, the country’s fifth largest property-casualty insurer, announced it is returning an additional $270 million dividend to auto insurance policyholders. This follows earlier announcements that USAA would provide dividends totaling $800 million to its members as a 20% credit on three months’ worth of premiums. This new, additional dividend will reflect 10% of up to […]
iA Auto and Home Insurance Selects Shift Technology to Identify Suspicious Claims
Shift Technology, a provider of artificial intelligence (AI) fraud detection and claims automation solutions for the global insurance industry, announced that -iA Auto and Home Insurance (iAAH), one of the largest insurance groups in Quebec, has selected the company to support the carrier’s fraud detection initiatives for its Property and Casualty line of business. The […]
Automotive Recyclers Association Debuts Online Auto Recycling Buyer’s Guide
The Automotive Recyclers Association (ARA) announced it has transformed the popular annual ARA Auto Recycling Buyer’s Guide printed resource with the creation of a new online companion guide. The printed annual Buyer’s Guide has been a mainstay of ARA’s member benefits package for many years, providing valuable information to assist in the decision-making process when […]
Somer Mullins Named Director of Marketing and Communications for Fix Network Canada
Fix Network Canada announced Somer Mullins as its new Director of Marketing & Communications for Canada. Mullins will work closely with the Fix Network leadership team to identify strategic marketing opportunities that promote the value of being part of a network as well as drive awareness and engagement for the Fix Auto, NOVUS Glass, Speedy […]
Classic Collision Acquires Collision Repair Center in South Florida
Now operates 37 centers in Southeast U.S. Classic Collision, LLC, an Atlanta based multi-site repair operator, announced its second 2nd acquisition within the past 3 weeks. The company is acquiring Imperio Auto Body & Collision Center in Miami, Fla., the MSO’s 10th South Florida location and 37th center in Georgia, Florida, Alabama, and South Carolina. […]
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