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Small Business Optimism Index Increased in July

August 13, 2019 By CollisionWeek Editor

NFIB Small Business Optimism Index July 2019

The NFIB Small Business Optimism Index defied expectations with increase. Optimism among small business owners bounced back in July as expectations for business conditions, real sales, and expansion made solid gains. The National Federation of Independent Business (NFIB) Small Business Optimism Index rose 1.4 points to 104.7, with seven of 10 components advancing, two falling, […]

Filed Under: News Tagged With: National Federation of Independent Business, Small Business Optimism Index

IAA Reports Second Quarter Revenue Growth of 10%

August 13, 2019 By CollisionWeek Editor

Reports year-to-date revenue growth at 7.9% IAA, Inc. (NYSE: IAA) today announced consolidated revenues for the second quarter of 2019 that ended June 30 increased 10.0% to $366.4 million from $333.2 million in the second quarter of fiscal 2018, primarily due to increased volumes of approximately 6% and higher revenue per vehicle of approximately 4%. […]

Filed Under: News Tagged With: Earnings, Insurance Auto Auctions

The Hartford Announces Student Loan Repayment Plan for Employees

August 13, 2019 By CollisionWeek Editor

The Hartford announced a new student loan repayment program to help its employees pay down up to $10,000 in student debt. According to a recent study by Experian, student loan debt in the United States reached an all-time high in the first quarter of 2019 totaling $1.4 trillion, with an average student loan debt per […]

Filed Under: News Tagged With: Student Loans, The Hartford, Workforce Development

EPA Recognizes GM for Green Power Use

August 13, 2019 By CollisionWeek Editor

EPA Green Power Partner logo

General Motors has earned a spot on the U.S. Environmental Protection Agency’s National Top 100 List of the largest green power users from the Green Power Partnership. Ranked No. 29, GM is the only automotive company on this list. GM is also No. 6 on the GPP’s Top On-Site Generation list and No. 14 on […]

Filed Under: News Tagged With: Awards, General Motors, U.S. EPA

Rob Pugh Joins Fix Auto UK as Strategy Consultant

August 13, 2019 By CollisionWeek Editor

Fix Auto UK has appointed Rob Pugh into its newly formed role of Strategy Consultant. The 23-year-old returns to the organization after his two-year internship while studying for his business degree, which he successfully achieved with first class honours. Rob’s role will support the Fix Auto UK Management Team with their five-year strategic plans to […]

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

AASP/NJ to Host ADAS Panel Discussion September 12

August 12, 2019 By CollisionWeek Editor

Meeting on advanced driver assistance systems will include opportunities for questions and answers for attendees. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) will host a special panel discussion on advanced driver-assistance system (ADAS) technology on Thursday, September 12 beginning at 6:30 p.m. at The Gran Centurions, 440 Madison Hill Road, Clark, NJ. […]

Filed Under: News Tagged With: AASP-NJ, Advanced Driver Assistance Systems

Universal Technical Institute Reports Revenue Up 5.9% in Fiscal Third Quarter

August 12, 2019 By CollisionWeek Editor

Universal Technical Institute, Inc. (NYSE: UTI) reported revenue increased 5.5% to $79.0 million for the fiscal 2019 third quarter ended June 30 compared to $74.9 million in 2018. According to the training provider, the increase was driven by higher average full-time enrollment.   New student starts, excluding the Norwood, Mass. campus that will close in […]

Filed Under: News Tagged With: Earnings, Universal Technical Institute

North Carolina Insurance Department Launches Criminal Investigations Reserve Unit to Fight Insurance Fraud

August 12, 2019 By CollisionWeek Editor

North Carolina Insurance Commissioner Mike Causey has organized its first Criminal Investigations Reserve Unit to combat the extensive number of fraud cases in the state. The new inductees, four veteran law enforcement personnel, were sworn-in Thursday, August 8. “Today’s ceremony is a testament to the character of these men and women who are donating their […]

Filed Under: News Tagged With: Department of Insurance, Insurance Fraud, North Carolina

CIECA Announces Jon Delgado and Sheryl Driggers to Speak at Conference

August 12, 2019 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced addition speakers for its September 16-18 Connex 2019 event. Sheryl Driggers, co-owner of Universal Collision, will discuss the soft skills needed to thrive in today’s digital world. With current and future technology, as we automate tasks for efficiency, Sheryl says there’s a greater need to sharpen leadership […]

Filed Under: News Tagged With: Annual Conference, Collision Industry Electronic Commerce Association

IAA Expands Phoenix Location

August 12, 2019 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the expansion of its Phoenix branch. This investment supports increased customer demand in the state.  “We look forward to the additional operational capabilities this investment brings to this branch,” said John Kett, Chief Executive Officer and President of IAA. “Our Phoenix customers will benefit from the increased capacity.”  “This investment […]

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

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