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PCI Reports Tariffs Could Increase Collision Repair Claim Costs $3.4 Billion

November 20, 2018 By CollisionWeek Editor

The Property Casualty Insurers Association of America (PCI) made a presentation Saturday to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Insurance (C) Committee on the potential effect of tariffs on auto insurance costs and consumers.  “Tariffs on auto parts could have a significant adverse economic impact on consumers, automobile repair providers, business, […]

Filed Under: News Tagged With: Claim Severity, National Association of Insurance Commissioners, Property Casualty Insurers Association of America, Tariffs

NABC Day January 15 in Palm Springs

November 19, 2018 By CollisionWeek Editor

National Auto Body Council events include annual golf tournament, Recycled Rides presentation and industry reception. In 2019, the National Auto Body Council will kick off its yearly fundraising efforts with a new format, a single-day showcase called NABC Day for the collision repair industry featuring the annual golf tournament, a NABC Recycled Rides presentation and […]

Filed Under: News Tagged With: Golf Outing, National Auto Body Council, Recycled Rides

Henkel Opens Training & Application Center in Connecticut

November 19, 2018 By CollisionWeek Editor

Henkel Adhesive Technologies, the provider for adhesives, sealants and functional coatings worldwide, announced the opening of a new customer training and application center in Rocky Hill, Conn. The facility will offer hands-on technical application training for Loctite brand automotive aftermarket products and Teroson brand collision repair products. The 2100 sq. ft. customer facility is one […]

Filed Under: News Tagged With: Connecticut, Henkel Adhesive Technologies, Openings

Auto Body Shop Owner Alleged Ring Leader of Insurance Fraud Ring in California

November 19, 2018 By CollisionWeek Editor

Detectives from the California Department of Insurance, arrested four people November 16 for allegedly ripping off four auto insurers for more than $34,000 by filing fraudulent insurance claims. One additional suspect was taken into custody Thursday, November 15, 2018. All suspects were booked into the Sacramento County Jail. Investigated by the Urban Auto Fraud Task […]

Filed Under: News Tagged With: California, Department of Insurance, Insurance Fraud

AAA Research Shows 4 In 10 People Misjudge Driving Systems’ Ability Based On System Name

November 19, 2018 By CollisionWeek Editor

AAA ADAS Test

A new survey from AAA finds that 40 percent of Americans expect partially automated driving systems, with names like Autopilot, ProPILOT or Pilot Assist, to have the ability to drive the car by itself, indicating a gap between consumer understanding of these technologies and reality. AAA also tested these systems and found that they are […]

Filed Under: News Tagged With: AAA, Advanced Driver Assistance Systems, Autonomous Vehicles

Italy Plant to Become New Mopar Parts Distribution Hub Serving World Markets

November 16, 2018 By CollisionWeek Editor

Mopar Rivalta

The historic Fiat plant in Rivalta, located near Turin in Italy, is set to become one of the Mopar brand’s global parts and distribution centers serving Europe, the Middle East, Africa (EMEA) and additional world markets. Prompted by the rapid global expansion of Mopar, the service, parts and customer-care brand for FCA vehicles, this project […]

Filed Under: News Tagged With: FCA, Italy, Mopar, Openings

CARSTAR Adds Two Locations to Collision Repair Network

November 16, 2018 By CollisionWeek Editor

CARSTAR announced the opening of CARSTAR Advantage Collision Center, a 20,000 sq. ft. collision repair center, located at 3013 Airline Blvd. in Portsmouth, Va. and CARSTAR Collision Express, an 18,000 sq. ft. center located at 3705 Carolina Beach Rd, Wilmington, N.C. The collision repair centers are owned by Lisa and Mike Black.  “Having been an […]

Filed Under: News Tagged With: CARSTAR, Network Affiliations, North Carolina, Virginia

LKQ Corporation Donates $25,000 to Collision Repair Education Foundation

November 16, 2018 By CollisionWeek Editor

LKQ Corporation has renewed its $25,000 contribution to the Collision Repair Education Foundation, as part of its continuing commitment to the future of the collision repair industry. The financial contribution is in addition to the in-kind donation of parts that LKQ donates to collision school programs each year. The monetary contribution assists Education Foundation’s ability […]

Filed Under: News Tagged With: Collision Repair Education Foundation, Donations, LKQ Corporation

CAPA Announces Standard for Aftermarket Exterior Cameras

November 15, 2018 By CollisionWeek Editor

The Certified Automotive Parts Association (CAPA) approved a new standard, CAPA Standard 702, for exterior cameras. The standard, which currently applies to rear-view cameras only, but may be expanded to include side- and front-view cameras in the future, includes requirements for: image quality, ingress protection, electric components, mechanics, performance, material identification, dimensions, appearance, function, construction, […]

Filed Under: News Tagged With: Certified Automotive Parts Association, Non-OEM Parts, Standards

Small Business Optimism Marks Two Years of Historic Readings

November 15, 2018 By CollisionWeek Editor

NFIB Optimism Index

National Federation of Independent Business Optimism Index though down 0.5 points, continues to remain at high levels. Small business optimism continued its two-year streak of record highs, according to the National Federation of Independent Business (NFIB) Small Business Optimism Index October reading of 107.4, down 0.5 points from September. Overall, small businesses continue to support […]

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

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