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Consumer Groups Say Auto Insurers Reap Tens of Billions in COVID Windfall Profits

September 22, 2020 By CollisionWeek Editor

CFA Covid Claims in Texas and Massachusetts

Groups accuse State Insurance Commissioners of being asleep at the wheel as insurers profit from reduced driving. Demand ongoing premium rebates. The Consumer Federation of America (CFA) and the Center for Economic Justice (CEJ) took state Insurance Commissioners to task for failing to prevent what it calls “windfall auto insurer profits”as auto claims dropped when […]

Filed Under: News Tagged With: Accident Frequency, Center for Economic Justice, Consumer Federation of America, Coronavirus

Getaround Selects Snapsheet Digital Claims Management Platform

September 22, 2020 By CollisionWeek Editor

Snapsheet announced the expansion of a long-term partnership with Getaround. The carsharing platform that empowers users to instantly access and drive cars nearby selected the Snapsheet Claims platform to digitize and automate its claims processes. The Snapsheet platform enables Getaround to expedite repairs and process claims, maximizing vehicle availability across its nationwide marketplace. Getaround, which […]

Filed Under: News Tagged With: Agreements Signed, Getaround, Ride-Hailing, Snapsheet

I-CAR Launches ADAS Resource Library

September 22, 2020 By CollisionWeek Editor

I-CAR ADAS Resources

The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the creation of an online Advanced Driver Assisted Systems (ADAS) resource library to provide the collision repair industry with a centralized information hub. The complimentary resource features news and information relevant to ADAS training, topics and trends, including insights from ADAS Subject Matter Experts within I-CAR […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, I-CAR, Recalibration

Sherwin-Williams Launches Quality App to Improve Collision Repair Process

September 22, 2020 By CollisionWeek Editor

Collision Core Quality App logo

Sherwin Williams Automotive Finishes announced the launch of its Collision Core Quality mobile app, available to collision centers as a single app purchase, that verifies and validates the repair process in real-time with a focus on error elimination and labor optimization. The app is the first of a planned suite of intelligent and fully-mobile applications […]

Filed Under: News Tagged With: Mobile App, Quality Control, Sherwin-Williams

Automechanika Buenos Aires Rescheduled to September 2022

September 22, 2020 By CollisionWeek Editor

In accordance with the health regulations, recommendations and requirements related to the ongoing coronavirus (SARS-CoV-2) pandemic issued by the Argentina national government and the City of Buenos Aires, we as organizers of Automechanika Buenos Aires are forced to postpone Argentina’s international trade fair for the automotive service industry. The event, originally scheduled for November this […]

Filed Under: News Tagged With: Argentina, Automechanika, Buenos Aires, Coronavirus, South America

Crash Champions Acquires Two Collision Repair Centers in Missouri

September 21, 2020 By CollisionWeek Editor

Marks entry into fifth state. Crash Champions announced today its entry into Missouri with the acquisition of two collision repair centers. The acquisition includes Dodson Williams Automotive’s two locations at 502 W. Walnut and 2916 W. Republic in Springfield, Mo. that have been actives in the community for four decades.  “Crash Champions has been looking […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Missouri

3M Donates Signature Event with Chip Foose to the Collision Repair Education Foundation Fundraiser Supporting Military Veterans and Collision Repair Schools

September 21, 2020 By CollisionWeek Editor

Chip Foose Signing Hoods

To show support for the Collision Industry and advancing career opportunities, 3M donated a signature event with Chip Foose, as well as other Chip Foose memorabilia, to the Collision Repair Education Foundation (CREF) combined efforts to raise funds for the Hire Our Heroes program in addition to raising additional support for high school college collision […]

Filed Under: News Tagged With: 3M, Collision Repair Education Foundation, Fundraiser

Global Alliance for Vehicle Data Access Letter to Auto Manufacturers Raises Concerns on Vehicle Data Control

September 21, 2020 By CollisionWeek Editor

Disagrees with Auto Alliance position calling for Federal intervention in state vehicle data access regulations. In an open letter to vehicle manufacturers, the Global Alliance for Vehicle Data Access (GAVDA), a group of global stakeholders and united by a goal of maintaining control by motor vehicle owners over personal and vehicle-generated data, detailed their disagreement […]

Filed Under: News Tagged With: Alliance for Automotive Innovation, Diagnostics, Global Alliance for Vehicle Data Access, legislation, Regulations, Right to Repair, Telematics

Consumer Groups Call on Texas Governor to Appoint Insurance Commissioner Who Will Protect Consumers

September 21, 2020 By CollisionWeek Editor

In a letter, Texas consumer organizations Texas Watch and TexPIRG and the national consumer organization Consumer Federation of America urged Governor Greg Abbott to appoint a new Texas Insurance Commissioner with a strong track record of helping consumers and taking action against abusive insurance companies.  “As the Texas Department of Insurance’s chief executive and administrative […]

Filed Under: News Tagged With: Consumer Federation of America, Insurance Commissioner, People, Texas

State Farm to Acquire Non-Standard Auto Insurer GAINSCO for $400 Million

September 18, 2020 By CollisionWeek Editor

State Farm Mutual Automobile Insurance Company and GAINSCO, Inc. announced that they have entered into an agreement for State Farm to acquire GAINSCO for approximately $400 million in cash. The transaction is expected to close in early 2021, subject to approval by GAINSCO’s shareholders, the expiration or termination of the applicable waiting period under the […]

Filed Under: News Tagged With: Acquisitions, GAINSCO, State Farm

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