A.M. Best expects the U.S. property/casualty (P/C) industry to post a second consecutive underwriting loss in 2017, driven mainly by catastrophe losses. As a result, the industry 2017 combined ratio is estimated to deteriorate to 105.1 from 100.9 in the previous year, according to A.M. Best’s 2018 Review/Preview special report on the P/C industry. The […]
Industry Veteran Seeks Input for Collision Repair Industry History Book
Gary Ledoux, industry veteran and former OEM program administrator, and now a freelance collision industry journalist announced the launch of his new website, designed to support Ledoux’s forthcoming book, “YesterWreck: The History of the Collision Industry in America.” The site was created and is managed by Optima Automotive of Batavia, Ill. Ledoux’s book will […]
Spies Hecker Renews Three-Year Agreement with Volkswagen Group UK
Spies Hecker, one of the refinish paint brands of Axalta Coating Systems, announced it has maintained its preferred paint partner status with the Volkswagen Group UK (VWG) in a three-year contract renewal. Mark Andrews, National Sales Manager for Axalta in the UK & Ireland, says, “Spies Hecker and Volkswagen Group UK (VWG) have worked closely […]
United Recyclers Group Scholarship Application Deadline March 9
The United Recyclers Group (URG) Scholarship Foundation announced it will award seven scholarships this year totaling $17,500. Employees of licensed recyclers that are URG member companies who are continuing their education or employees who have children graduating from high school or attending college are urged to apply An application is available to download. Winners will […]
CARSTAR Launches Brand Campaign for U.S. and Canada
This year, CARSTAR North America will launch a new brand campaign across the U.S. and Canada, its first ever integrated campaign for North America. A new television spot, embedded below, is titled “It’s Your Car” and will be unveiled in February, airing for the inaugural time during the Winter Olympics across all of Canada. CARSTAR […]
Sherwin-Williams Announces Annual Vendor Awards
3M, Innovative Tools and PPC Honored as Leading Suppliers Sherwin-Williams Automotive Finishes announced its annual Associated Products Vendor Awards. The announcement was made at a special reception for more than 200 suppliers, employees and V.I.P. guests at its national sales meeting held at the Gaylord Palms hotel and convention center in Orlando, Fla. Associated Products […]
I-CAR Australia Adds Car Craft as Platinum Sponsor
I-CAR Australia announced that Car Craft, the collision repair network operator, has increased its corporate involvement with I-CAR by raising its membership status and becoming a Platinum Member, to support further professional industry development. Mark Czvitkovits, CEO of I-CAR Australia, said, “The growth of Car Craft and the commitment to providing a consistent standard across […]
Allstate Reports Revenue Up 6.1% in Fourth Quarter, Tax Cuts Save $506 Million
Allstate brand auto net written premiums up 4.2 percent on growth in average premium. Accident frequency declined in the quarter. The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter of 2017. In the fourth quarter, the company reported revenue of $9.843 billion, up 6.1 percent from $9.278 billion in the fourth quarter […]
Registration Open for ASA Annual Meeting and Conference
The Automotive Service Association (ASA) has opened online registration for its 2018 Annual Business Meeting that will be held May 2-5 at the Walt Disney World Swan & Dolphin Resort Hotel in Orlando, Fla. The event will feature the 2018 Celebration of Excellence and AMi Graduation Ceremony Friday, May 4. In addition, attendees can expect […]
Kent Marks the 10th Anniversary in I-CAR Training Alliance by Nearly Doubling Instructor Base
Kent Automotive, a brand of Lawson Products, Inc., (NASDAQ:LAWS), announced eight of its industry professionals recently completed I-CAR Industry Training Alliance provider training, bringing its total number of I-CAR instructors to 19. More than 8,200 collision center personnel have participated in Kent’s I-CAR courses since 2008. The increase in I-CAR training resources complements a range […]
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