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Root Insurance Enters California

August 8, 2019 By CollisionWeek Editor

Root Insurance announced its entry into California. According to the company its auto insurance is now available to 60% of the U.S. population. Californians will be able to sign up for Root’s insurance through the Root Insurance app or the website. To get their rate, drivers simply estimate their annual mileage and submit their information. […]

Filed Under: News Tagged With: California, Root Insurance

IIHS Research Finds Knee Airbags Have Little Effect on Injuries, May Actually Increase Risk

August 8, 2019 By CollisionWeek Editor

Airbags are essential, lifesaving devices that have prevented tens of thousands of deaths. More airbags, one might assume, would provide even greater protection. That isn’t always the case, a recent Insurance Institute for Highway Safety (IIHS) study shows. One increasingly common type of airbag — the knee airbag — has a negligible effect on injury risk […]

Filed Under: News Tagged With: Airbag, Insurance Institute for Highway Safety, Safety

Fix Auto UK Adds Collision Repair Center to Network in Northern Region

August 8, 2019 By CollisionWeek Editor

Fix Auto UK have added an additional site to their Northern region, with the addition of Grove Hill Garage of Bentham, Lancaster. Operating as Fix Auto Bentham, the 12,000 sq. ft. collision repair center is managed by David Wright, who has taken over the day-to-day running of the business. The business was formed by his […]

Filed Under: News Tagged With: Fix Auto UK, Network Affiliations, United Kingdom

Uni-Select Reports 2019 Second Quarter Sales of $456 Million

August 7, 2019 By CollisionWeek Editor

FinishMaster reported organic growth 0.7% in quarter and 1.9% for the six month period. Uni-Select (TSE:UNS) today reported consolidated sales of $456.2 million for the second quarter down 5.996 million or 1.1 percent compared to the second quarter of 2018. According to the company, results were affected by a foreign currency conversion impact amounting to […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

NICB Details Top 5 States for Hail Claims

August 7, 2019 By CollisionWeek Editor

NICB Hail Claim Data

Texas continues in top spot for hail claims. Nearly 900,000 hail auto claims during 2016-2018. The National Insurance Crime Bureau (NICB) released the most recent three-year analysis of insurance claims associated with hail storms in the United States, and Texas and Colorado continue to remain at the top of the list. According to a review […]

Filed Under: News Tagged With: Claims, Hail, National Insurance Crime Bureau

IAA Adds Location in Houston, Texas and Expands McAllen Branch

August 7, 2019 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) on August 2 celebrated the grand opening of its Houston South facility, located in Rosharon, Texas. IAA Houston South is the 17th branch in the state and will help accommodate increased customer capacity needs. It is located approximately 35 miles from Houston and will strategically enhance IAA’s ability to serve the […]

Filed Under: News Tagged With: Insurance Auto Auctions, Openings, Texas

Copart Expands Memphis Location

August 7, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced the expansion of its Memphis, Tenn. location. Copart added 35 acres to the existing 46-acre facility to meet the needs of its buyers and sellers. This 81-acre location hosts vehicle auctions every Thursday at 12 p.m. CT. “Adding operational space to our Memphis location has provided us with further capacity to […]

Filed Under: News Tagged With: Copart, Openings, Tennessee

Caliber Acquires Herb’s Paint & Body

August 6, 2019 By CollisionWeek Editor

Multiple collision repair shop operator now has 51 locations in Dallas-Fort Worth. Caliber Collision announced that it has acquired Herb’s Paint & Body locations across the Dallas-Fort Worth market. According to Herb’s website, before it was redirected to Caliber’s website, the organization had eight collision repair centers in the market. Herb’s was founded in January […]

Filed Under: News Tagged With: Acquisitions, Caliber Collision Centers, Texas

Guy Bargnes Retires as Senior Vice President of Sales at Painters Supply & Equipment

August 6, 2019 By CollisionWeek Editor

Bargnes will transition to the PSE board in an advisory role. Chris Kugler announced as successor. Painters Supply & Equipment Co. (PSE) announced the retirement of Guy Bargnes, Senior Vice President of Sales, effective August 5. After serving nine years as PSE’s VP and SVP of Sales, Bargnes will transition to an advisory role on […]

Filed Under: News Tagged With: Painters Supply & Equipment Co., People

Matrix Wand Announces Manufacturing and Development Partnership with Vortex Corporation

August 6, 2019 By CollisionWeek Editor

Matrix Wand logo

The Matrix Wand announced a manufacturing and development partnership with the Vortex Corporation. Vortex is a US-based manufacturer of machinery and electrical components with operations in Europe and Asia. The company also announced it expedited the availability of its Fenderbolt cloud-based platform. The Matrix Wand is a hand-held 3D electronic blueprinting and repair measuring device […]

Filed Under: News Tagged With: Agreements Signed, Matrix Electronic Measuring, Vortex Corporation

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