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Consumer Federation Report Finds Auto Insurance Rate Growth Slowest in States with Active Regulations

February 12, 2019 By CollisionWeek Editor

CFA State Price Increase Table

According to the study, California drivers have saved $154 Billion over 30 years of active insurance oversight. Auto insurance rates have risen at a significantly slower pace in states that actively regulate auto insurance prices than those with less vigorous oversight processes, according to an analysis of nearly 30 years of data released today by […]

Filed Under: News Tagged With: Auto Insurance Affordability, Consumer Federation of America, Regulations

White House Issues Directive to Advance Artificial Intelligence Research

February 12, 2019 By CollisionWeek Editor

President Trump issued an executive order directing the Federal Government to prioritize research and development of America’s artificial intelligence (AI) capabilities. The initiative focuses Federal Government resources toward developing AI technology and ensuring that the next great AI inventions are made in the United States. The initiative will support long-term research and increase researcher access […]

Filed Under: News Tagged With: Artificial Intelligence

LIABRA and Auto Body Craftsmen’s Guild February 19 Meeting Provides Estimatics Training

February 12, 2019 By CollisionWeek Editor

The Long Island Auto Body Repairmen’s Association (LIABRA) and the Auto Body Craftsmen’s Guild will host a joint meeting on Tuesday February 19, 2019 at 7 p.m. at Barry’s Auto Body on 4301 Amboy Road, in Staten Island, N.Y. The meeting will feature Billy Vallely of Body Shop Rescue who will provide a two-hour comprehensive […]

Filed Under: News Tagged With: Auto Body Craftsmen's Guild, Estimating Systems, Long Island Auto Body Repairmen's Association, New York State, training

Allstate Reports Auto Policies in Force Up in Fourth Quarter

February 11, 2019 By CollisionWeek Editor

Allstate Corporation Auto Profitability Measures by Brand 2018 - 2017

Allstate brand auto net written premiums up 5.7 percent in 2018. Sees increase in total losses on newer vehicles due to increased part cost, technology and repair complexity. The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter and full year of 2018. “Allstate continues to deliver strong operating results while building the […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Allstate Insurance, Earnings, Total Loss

Fix Auto UK Adds New Fix & Go Express Collision Repair Center

February 11, 2019 By CollisionWeek Editor

Motorcycle racing legend and I’m A Celebrity Get Me Out of Here winner Carl Fogarty officially opened Fix Auto UK’s latest express repair facility Fix Auto Fix & Go Wigan on February 6. Owners Dave and Stephen Pollitt as well as Managing Director Andy Sankey were the driving force behind the six-figure investment, during an […]

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

IIHS Announces State Farm’s Angela Sparks to Chair 2019 Board of Directors

February 11, 2019 By CollisionWeek Editor

The Insurance Institute for Highway Safety announced the election of Angela Sparks as the 2019 chair of its Board of Directors. She is the third woman to head the IIHS Board since the Institute’s 1959 founding. Sparks is vice president and actuary, State Farm Insurance Companies. She succeeds William L. Windsor Jr., who served as […]

Filed Under: News Tagged With: Insurance Institute for Highway Safety, People, State Farm

ETI Names Greg Potter CTO, Announces Executive Director Search

February 11, 2019 By CollisionWeek Editor

Potter’s new role champions technical advisory content and IP protection for members. The Equipment and Tool Institute (ETI) announced the naming of Greg Potter as Chief Technology Officer, and the commencement of a search for an Executive Director. In the newly created CTO position, Potter will drive ETI’s purpose of enabling the success of its […]

Filed Under: News Tagged With: Equipment and Tool Institute, People

Wadsworth International Partners with VECO Experts

February 8, 2019 By CollisionWeek Editor

Wadsworth International has partnered with VECO Experts to support their vehicle manufacturer certified collision repair networks to deliver a consistent, high-quality repair and customer experience.  “The automakers we work with want their network to be more than just a checklist of equipment,” Rick Miller, president of Wadsworth International, said. “We’ve teamed up with VECO Experts […]

Filed Under: News Tagged With: Agreements Signed, VECO Experts, Wadsworth International

NABR Launches New Version of Its California Labor Rate Survey

February 8, 2019 By CollisionWeek Editor

National AutoBody Research (NABR) announced the launch of its newly revised California Standardized Auto Body Labor Rate Survey, based on the labor rate survey format defined by the California Department of Insurance (CDI). As new laws in California for storage took effect at the New Year, and to respond to market activity in California, NABR […]

Filed Under: News Tagged With: California, Labor Rates, National AutoBody Research

PDA Expands Same-Day Estimate Program

February 8, 2019 By CollisionWeek Editor

PDA logo

Property Damage Appraisers (PDA) announced it has expanded its guaranteed same-day and next-day damage estimates for standard auto claims to more than 200 cities across the United States. The company initially launched Same-Day and Next-Day Service to 11 pilot markets in August 2018, and has since expanded the offering across its national team of appraisers. […]

Filed Under: News Tagged With: Property Damage Appraisers

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