Hurricanes and wildfires drive underwriting losses. Net income showed improvement in fourth quarter Private U.S. property/casualty insurers saw investment gains push the industry’s surplus to a new all-time-high value of $752.5 billion in 2017, a $51.7 billion increase from 2016, and catastrophe losses suppressed the industry’s net income after taxes to $36.1 billion in 2017, […]
NABC Recycled Rides Changes Lives for Veterans During Military Appreciation Month
Four years ago this May, which is designated as National Military Appreciation Month, U.S. Air Force veteran Diana Cuesta received a gift that she recalls, “forever and literally changed my life.” At the time, Cuesta says her world was limited to 1-2 square miles. That’s about the furthest she could safely drive her 1995 Honda […]
AutoClaims Direct Announces New Photo Estimating Mobile App
AutoClaims Direct (ACD) announced the launch of Self(ie), an all-new, fully-enhanced version of the company’s photo estimating solution to speed up the processing and resolution of claims. The new release was built from the ground up with a modern and intuitive user interface that requires no downloads and can be white labeled for insurers. When […]
Fix Auto and Novus Auto Glass Announces Plans to Enter Irish Collision Repair and Glass Market
Fix Auto World announced its plans to develop a comprehensive aftermarket services solution in Ireland across its two franchise network brands, Fix Auto and NOVUS Glass. Operations for both brands are led by Jonathan Penny, in partnership with Denis Dineen, both seasoned industry professionals with more than 60 years’ combined experience in the collision repair […]
Honda Receives Advanced High-Strength Steel Innovation Award
The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), awarded the “Automotive Excellence Award” to Honda Motor Company for their advanced high-strength steel (AHSS) innovations in the 2018 Honda Odyssey. The award was presented today by David Anderson, senior director, automotive market, SMDI at the 17th annual […]
Chief University Training Courses Offer I-CAR Credits
Chief announced that more than 1,000 technicians, estimators and appraisers participated in it 2017 Chief University courses. Chief University makes it easy for technicians who participate in specific courses to secure I-CAR credits at no additional cost. The partnership between Chief and I-CAR, which started in 2017, helps shops reinvest funds that would otherwise go […]
AASP-MN Announces Board of Directors
April marked the beginning of service for the 2018–19 Alliance of Automotive Service Providers of Minnesota (AASP-MN) Board of Directors. The association welcomed Randy Miller, Collision Specialists, Inc., Austin and Tom Archambault, St. Anthony Mobil, St. Anthony. They join other members of the Board, which include: Will Latuff, Latuff Bros., St. Paul – President Wayne […]
Sanel Auto Parts Joins NAPA, Acquires 8 Stores
Sanel Auto Parts, Co. announced that the company is joining NAPA Auto Parts. Under its new name, Sanel NAPA, the company will continue to be independently owned and operated by the Segal family, the fourth generation to lead the company. The parts and paint distributor will also be purchasing eight additional NAPA stores, three in […]
Andy Raposo Appointed GM for Fix Auto Network in Albert and Saskatchewan
The Fix Automotive Network announced the appointment of Andy Raposo to General Manager, Fix Automotive Network for Alberta and Saskatchewan. “The Fix Automotive Network continues to expand in the West; especially in Alberta,” said Steve Leal, President & CEO Fix Auto World. “The team has done tremendous work in the region and I’m excited to […]
Boyd Group Reports Sales Up 19.6% in First Quarter
Same stores sales up 4 percent The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2018. Sales increased by 19.6 percent to CA$453.3 million ($351.6 million) from CA$378.9 million ($293.9 million) in 2017, including same-store sales increases of 4.0 percent Adjusted earnings before interest, taxes, depreciation […]
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