Worley Claims Services, LLC announced the acquisition of Audit Services Incorporated (ASI), a claim estimate writing and review supplier for the property and auto insurance markets. Financial terms of the transaction were not disclosed. StoneRidge Advisors, LLC advised Worley Founded in 1998, ASI has established itself as a leader in providing the highest quality estimate […]
ALLDATA Signs Partner Agreement with European-Based Autologic Diagnostics
ALLDATA Europe GmbH has signed a reseller agreement with Autologic Diagnostics Ltd. headquartered in Oxford, England. The agreement enables Autologic to distribute ALLDATA Repair to its customers, enhancing their ability to repair even the most complex European vehicles with ALLDATA’s original manufacturer repair information. ALLDATA Repair helps ensure that independent workshops have access to OEM […]
More than 1000 Students Registered for Upcoming Collision Repair Education Career Fairs
Over 1000 students have registered for the Collision Repair Education Foundation’s first three career fairs being held in Tampa and Miami, Fla. and San Antonio, Texas during February and early March. The first career fair is scheduled for February 14 at Hillsborough Community College near Tampa. “This is the third year for our Spring Career […]
Service King Opens Collision Repair Center in Georgia
Service King Collision Repair Centers announced the company has officially opened its 9th Georgia collision repair center at 1860 Buford Highway in Cumming, Ga. The facility has 15,500 feet of production space. “This is certainly an exciting start to the year as we march forward in our mission to be the collision repair operator of […]
BASF Presents Winner of 2018 Detroit Middlecott Sketchbattle
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 […]
Axalta Reports Sales Up 7% in 2017
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 […]
Cost of Car Insurance in UK Costs 10% of a Young Driver’s Salary
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 […]
Service King Acquires Collision Repair Center in California
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 […]
Collision Repair Education Foundation Calls on Industry to Sponsor Student Uniforms
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 […]
AM Best Reports Personal Auto Insurance Underwriting Profitability Performed Better in 2017
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 […]
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