Waymo’s, the former Google self-driving car project, announced it is turning its attention to the trucking industry. Starting next week, Waymo will launch a pilot in Atlanta, Ga. where its self-driving trucks will carry cargo bound for Google’s data centers. Over the past year, Waymo has been conducting road tests of its self-driving trucks in […]
Fenix Parts Begins Proxy Solicitation for Merger
Fenix Parts, Inc. (Pink Sheets:FENX) announced that proxy materials have been mailed to stockholders of record as of the close of business on February 27, in order to allow them to vote on the proposed merger with an affiliate of Stellex Capital Management LP that was announced last month. A copy of the proxy statement […]
Car-O-Liner Announces Nissan and Infiniti Collision Repair Equipment Approvals
Car-O-Liner announced the approval from Nissan and Infiniti for the following collision repair products: CR200 Short Cycle Steel and Aluminum Spotter Aluminum Workstation including the CR200 Spotter NWS 1200 Nitrogen Plastic Welder Car-O-Liner’s Aluminum Workstation employs the short cycle weld process of the CR200 while using keys, studs and pins for effective dent repairs. The […]
Diamond Standard Releases Results of 2009 Honda Fit 40 MPH IIHS Moderate Overlap Crash Test
Diamond Standard Parts, the Tennessee-based manufacturer of non-OEM collision repair parts, released results of crash tests it commissioned to demonstrate the performance of its bumper reinforcements meet OEM specifications. On February 21, MGA Design Research Corporation of Burlington, Wisc. performed a 40 mile per hour (MPH) moderate overlap test to the Insurance Institute for Highway […]
California Regulator Orders Access Insurance Company to Stop All Business Operations
California Insurance Commissioner Jones issued a Cease and Desist Order against Access Insurance Company, which requires the company to immediately stop transacting, soliciting, negotiating, or administering and writing any new or renewal insurance business of any kind in the state of California. According to the insurance company’s website it is licensed to provide auto insurance […]
Axalta Refinish Business Receives Global Leadership Award
Based on its recent analysis of automotive refinish coatings market, Frost & Sullivan recognized Axalta Coating Systems (NYSE:AXTA) with its 2017 Global Market Leadership Award. Axalta has successfully established itself as a leader in providing best-in-class products and superior customer value through its focus on continuous innovation and dedication to maintaining strong customer relationships. “Axalta’s […]
Vehicle Manufacturers Join More than 100 Organizations to Urge the US Senate to Pass Autonomous Vehicle Legislation
On Monday, the Alliance of Automobile Manufacturers joined more than 100 organizations and companies in sending a letter to the U.S. Senate to advocate for action on the bipartisan AV START Act. According to the Alliance, the AV START Act represents “…an historic opportunity for Congress to establish a technology neutral regulatory framework to advance […]
Axalta Acquires Manufacturing and Distribution Site in Sacramento
Facility will expand Axalta’s West Coast presence and support growth of industrial and refinish businesses Axalta (NYSE:AXTA) announced that it has acquired a state of the art manufacturing and distribution facility in Sacramento, Calif. to support growth in its North American Industrial and Refinish businesses. Financial terms of the transaction were not disclosed. “Axalta has […]
American Family Reports Auto insurance Combined Ratio of 112.6
Strong growth, record storm claims highlight 2017 for American Family Insurance Group According to American Family Insurance during a record-high storm year, the insurance group ended the year with more than 10.5 million policies in force and achieved solid increases in policyholder equity, premium growth across operating companies, investment gains and customer satisfaction. Bolstered by […]
Tracy Thompson Named New Jersey Insurance Fraud Protector
New Jersey Attorney General Gurbir S. Grewal today announced that three longtime public servants will assume the leadership of key Divisions within the Department of Law and Public Safety. Michelle Miller will lead the Division of Law, Veronica Allende will serve as the Director of the Division of Criminal Justice, and Governor Murphy will nominate […]
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