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GEICO Reports Collision Claims Severity Up 7-9% in First Nine Months of 2020

November 9, 2020 By CollisionWeek Editor

GEICO Q3 2020 and First Nine Months Results

Frequency remained down 24-26% so far this year compared to 2019. On November 7, Berkshire Hathaway Inc. reported its third quarter earnings, including details about its GEICO subsidiary, the second largest auto insurer in the U.S. According to the company’s quarterly report, GEICO generated a pre-tax underwriting earnings of $276 million. The company reported significant […]

Filed Under: News Tagged With: Berkshire Hathaway, Earnings, GEICO

Hyundai Says 96% of New Vehicles Come with Automatic Emergency Braking

November 9, 2020 By CollisionWeek Editor

During the past year, 96% of the Hyundai vehicles produced for sale in the U.S. offered Automatic Emergency Braking (AEB) as standard equipment, meeting a voluntary industry commitment two years in advance of the deadline. “Hyundai’s AEB safety technology, Forward Collision-Avoidance Assist, is now standard on 96% of our lineup of cars and SUVs,” said […]

Filed Under: News Tagged With: AEB, Hyundai

Fix Auto UK Adds Corporate-Owned Collision Repair Center in Liverpool

November 9, 2020 By CollisionWeek Editor

Fix Auto Liverpool South

Fix Auto UK has added its seventh location to its owned portfolio of collision repair center after taking over the building in Liverpool left vacant by Nationwide Accident Repair Services following its sale in September. The repair center will be known as Fix Auto Liverpool South and will be managed by Lesley Knisz, who has […]

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

Honda Streamlines Auto Sales and Parts & Service Field Operations, Announces Manufacturing Organization Changes

November 9, 2020 By CollisionWeek Editor

Honda announced plans to streamline its auto sales and parts organization as well as manufacturing operations. In a significant move related to its Auto Sales and Parts & Service Business Units, American Honda announced plans to streamline its Auto Sales and Parts & Service Field operations to enable a more agile response to local market […]

Filed Under: News Tagged With: American Honda Motor Company

Allstate’s Clint Marlow Elected Chairman of National Auto Body Council Board of Directors

November 9, 2020 By CollisionWeek Editor

At the 2020 National Auto Body Council (NABC) Annual Meeting last week, the non-profit organization held its board elections for the upcoming year.  In addition to re-electing three board members whose terms were expiring, it also welcomed four new members to its Board. Active members in attendance at the virtual NABC annual meeting had an […]

Filed Under: News Tagged With: Allstate, Board of Directors, National Auto Body Council, People

AASP/MA Calls Right to Repair Ballot Victory Extraordinary Win for Independent Automotive and Collision Repair Facilities

November 6, 2020 By CollisionWeek Editor

AASP-MA logo

The Alliance of Automotive Service Providers of Massachusetts (AASP/MA) applauds the more than two million voters who ensured passage of a critical ballot measure to strengthen and revise the state’s existing Right to Repair Law on Election Day this past Tuesday. Over 2.5 million votes in the Commonwealth, or 74.9%, voted yes on a ballot […]

Filed Under: News Tagged With: AASP/MA, Diagnostics, Massachusetts, Right to Repair

IBISTV Global Summit Rescheduled to December 17

November 6, 2020 By CollisionWeek Editor

IBIS 2020 Global Summit

New coronavirus lockdown in UK forces postponement. The International Bodyshop Industry Symposium (IBIS) team announced it has postponed its broadcast until Thursday, December 17. The IBIS team was approaching the final stages of preparation for the launch of IBISTV Global Summit, scheduled for November 19, until the second wave coronavirus lockdown in England took effect […]

Filed Under: News Tagged With: International Bodyshop Industry Symposium

Nationwide’s Russ Sims Joins CIECA Board

November 6, 2020 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced that Russ Sims, property & casualty claims senior business consultant for Nationwide, joined CIECA’s board of trustees, effective immediately. In his new role, Sims will support CIECA’s mission to develop and promote electronic data integration standards that allow all segments of the collision industry to be more […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association, Nationwide Insurance, People

Axalta Announces New Organizational Structure

November 6, 2020 By CollisionWeek Editor

Shift to global business unit-led structure expected to accelerate decision making, increase accountability and improve execution. Axalta Coating Systems Ltd. (NYSE: AXTA) announced plans to more closely align its global organization with its two global business segments to drive improved performance. This realignment follows the restructuring program announced over the summer and, together, the two […]

Filed Under: News Tagged With: Axalta Coating Systems

NABC Announces Award Recipients

November 6, 2020 By CollisionWeek Editor

Berkshire Hathaway Automotive receives NABC President’s Award and CARSTAR Owner Sheila Samuel-Lefor Honored with NABC Changing and Saving Lives Award The National Auto Body Council Body (NABC) has recognized leaders and philanthropists in the collision repair industry for the past two decades. Now, in celebration of its 25th anniversary, it is announcing the inaugural recipients […]

Filed Under: News Tagged With: Awards, Berkshire Hathaway Automotive, CARSTAR, National Auto Body Council

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