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BASF Presents Winner of 2018 Detroit Middlecott Sketchbattle

February 6, 2018 By CollisionWeek Editor

Shubham Singh, a student at the College for Creative Studies in Detroit, won the 2018 Detroit Middlecott Sketchbattle Experiment presented by BASF. Singh won $2,500 and a championship belt designed by Mob Steel. Introduced in 2012, the experiment is Detroit’s “Fight Club of Design,” an underground, automotive industry event developed to identify emerging car design […]

Filed Under: News Tagged With: BASF, Competition

Axalta Reports Sales Up 7% in 2017

February 6, 2018 By CollisionWeek Editor

For the year, net sales were $4.35 billion, up 7.0 percent versus 2016, largely driven by acquisition contribution. Refinish up 4.7 percent in Q4 benefiting from currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the fourth quarter and full year ended December 31. Axalta reported net sales of $1,164.8 million for […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Cost of Car Insurance in UK Costs 10% of a Young Driver’s Salary

February 6, 2018 By CollisionWeek Editor

Growth of injury claims and taxes drive higher costs for young people. All their salary for the year to date would go to pay auto insurance premiums. The Association of British Insurers (ABI) reported further evidence of the need to tackle rising motor insurance premiums – the cost of car insurance now gobbles up 10 […]

Filed Under: News Tagged With: Association of British Insurers, Auto Insurance, Auto Insurance Affordability, United Kingdom

Service King Acquires Collision Repair Center in California

February 6, 2018 By CollisionWeek Editor

Service King Collision Repair Centers announced the company has acquired Izzie’s Body and Frame in West Sacramento, California. The repair center is located at 1120 Shore St. and, as part of the deal, will transition operations to Service King immediately. “We are proud to continue our steady growth across the state of California and particularly […]

Filed Under: News Tagged With: Acquisitions, California, Service King Collision Repair Centers

Collision Repair Education Foundation Calls on Industry to Sponsor Student Uniforms

February 6, 2018 By CollisionWeek Editor

The Collision Centers of New York donates to Thomas Edison Career and Technical Education High School The Collision Repair Education Foundation (CREF) is asking collision repair businesses to support high school and college collision repair programs and their students for the 2018-2019 school year and sponsoring work uniforms. Uniforms will create a more professional learning […]

Filed Under: News Tagged With: Collision Repair Education Foundation, Donations, The Collision Centers, Thomas Edison Career and Technical High School

AM Best Reports Personal Auto Insurance Underwriting Profitability Performed Better in 2017

February 5, 2018 By CollisionWeek Editor

The underwriting profitability of the U.S. personal auto line showed signs of improvement in 2017 as rate hikes have been effective against loss frequency and severity trends, according to a new A.M. Best report. The combined ratio for the U.S. private passenger standard auto composite (companies with private passenger auto net premiums written that constitute […]

Filed Under: News Tagged With: A.M. Best, Auto Insurance, Profitability

UK National Body Repair Association Raises Concerns over Late Payments by Accident Management Companies

February 5, 2018 By CollisionWeek Editor

The National Body Repair Association (NBRA) has written to Small Business Commissioner Paul Uppal, to bring to his attention the impact that late payment culture is having on the UK economy, and the threat it poses to UK bodyshops every year. “The body repair sector is an industry that has been severely hampered by the […]

Filed Under: News Tagged With: National Body Repair Association, United Kingdom

Insurance Associations Send Joint Letter to State Insurance Commissioners on Federal Tax Changes Impact on Insurance Rates

February 5, 2018 By CollisionWeek Editor

The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) issued a letter to state insurance commissioners responding to the Consumer Federation of America (CFA) and the Center for Economic Justice’s (CEJ)  claims about the federal Tax Cut and Jobs Act and how it may impact insurance rates. In a letter sent […]

Filed Under: News Tagged With: American Insurance Association, California, Department of Insurance, Property Casualty Insurers Association of America

CARSTAR Adds Four Collision Repair Centers in Pennsylvania, Two in Missouri to its Network

February 5, 2018 By CollisionWeek Editor

CARSTAR Auto Body Repair Experts announced that Legacy Autobody Group, with four locations in Eastern Pennsylvania joined its network.  The owners are Matt Dewalt, Eric Horvath, Michael Horvath and Robert Horvath. The four facilities include: CARSTAR Easton- Scott’s Collision; CARSTAR Stroudsburg- Scott’s Collision; CARSTAR Allentown- Duncan Autobody; CARSTAR Quakertown- Duncan Autobody Legacy Autobody was formed […]

Filed Under: News Tagged With: CARSTAR, Legacy Auto Group, Missouri, Network Affiliations, Pennsylvania

ASA-Massachusetts/Rhode Island Sponsors Big Game Score Contest

February 2, 2018 By CollisionWeek Editor

Winner can win ASA-MARI membership for a year The Automotive Service Association of Massachusetts & Rhode Island (ASA-MARI) is sponsoring a “Guess the Score” contest that is open to members and non-members alike. Whoever correctly predicts the final score of the game between the New England Patriots and Philadelphia Eagles on Sunday, February 4, will […]

Filed Under: News Tagged With: ASA-MA/RI

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