Snap-on Incorporated (NYSE: NA) announced that it has acquired Cognitran Limited for approximately $31 million in cash. Based in Chelmsford, United Kingdom, Cognitran specializes in flexible, modular and highly scalable “Software as a Service” (SaaS) products for original equipment manufacturer (OEM) customers and their dealers, focused on the creation and delivery of service, diagnostics, parts […]
Root Insurance Enters California
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. […]
IIHS Research Finds Knee Airbags Have Little Effect on Injuries, May Actually Increase Risk
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 […]
Fix Auto UK Adds Collision Repair Center to Network in Northern Region
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 […]
Uni-Select Reports 2019 Second Quarter Sales of $456 Million
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 […]
NICB Details Top 5 States for Hail Claims
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 […]
IAA Adds Location in Houston, Texas and Expands McAllen Branch
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 […]
Copart Expands Memphis Location
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 […]
Caliber Acquires Herb’s Paint & Body
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 […]
Guy Bargnes Retires as Senior Vice President of Sales at Painters Supply & Equipment
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 […]
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