Canada News Markham General Insurance Company has told its brokers that all existing policies for auto insurance will be cancelled as of 12:01 a.m. on June 15, 2002. Rumors had been circulating in the industry that such a move might be taken, after Markham General’s financial woes came to light just weeks ago. The company […]
ASA Approves New Five Year Strategic Plan
The Automotive Service Association (ASA) board of directors approved a new five-year strategic plan at its 2002 spring meeting. Titled “Looking Forward,” the plan calls for ASA to be the automotive aftermarket’s “premier resource for information and education.” The five-year planning project was initiated in 2001. A planning team — consisting of ASA members, directors […]
CCC Posts First Quarter Profit
CCC Information Services Group Inc. (Nasdaq: CCCG) reported net income from continuing operations of $5.2 million, or $0.20 per share, for the first quarter ended March 31, 2002 compared with a net loss from continuing operations of $2.8 million, or $0.13 per share, in the same quarter of 2001. Operating income rose to $9.2 million […]
RMI Guides Repairers Out of Audatex Confusion
The Retail Motor Industry Federation (RMI) has published the first in a series of guides for its body shop members on specific processes to enable them to prepare more accurate and effective Audatex estimates. Bob Hood, RMI body shop services director explains: ‘Body repairers need reliable and sound information if they are to produce accurate […]
Snap-on Announces New Chairman of the Board Declares Dividend
Snap-on Incorporated (NYSE: SNA) announced that Dale F. Elliott, Snap-on president and chief executive officer, and a member of its board of directors, has been elected to the additional position of chairman of the board. Elliott, 47, assumes the role from retiring chairman, Robert A. Cornog. “We thank Bob for his many contributions to Snap-on […]
New SCRS Officers Continue Tradition of Leadership and Participation
The Society of Collision Repair Specialists (SCRS) boasts a long history of industry participation, efforts that extend beyond the borders of SCRS. It’s a type of leadership style that the Society has practiced since its earliest days, when founding members helped pioneer the concept of open, constructive dialogue with the insurance industry. The 2002-2003 SCRS […]
Colorado House Passes Salvage Vehicle Bill
On Thursday, April 25, the Colorado House passed a bill requiring the state to issue a title clearly stating that a salvaged vehicle was “rebuilt from salvage.” National Association of Independent Insurers (NAII) Northwest Regional Manager Michael Harrold said the amendment added to House Bill 1189 providing for the new title was a major improvement […]
NABC Takes Camp Mak-A-Dream Fundraiser to Sturgis Rally
Every year, motorcyclists from around the country assemble in Sturgis, South Dakota for perhaps the single biggest annual event held for motorcycle enthusiasts. The National Auto Body Council’s Collision Industry Foundation is organizing a fun way to raise money for the Camp Mak-A-Dream medical center project, by combining the excitement of the week-long Sturgis Rally […]
Mitchell International to Acquire Ensera
Mitchell International confirmed this morning that it has signed an agreement to purchase California based Ensera, Inc. The terms of the agreement were not released but the company did say that the transaction is expected to close in several weeks. Ensera, founded in 2000, acquired a few existing businesses including Go Media Inc., the owner […]
IIHS: Cosmetic Crash Parts Are Irrelevant To Auto Safety
According to the Insurance Institute for Highway Safety (IIHS) collision repair sheet metal, including fenders, door skins, bumper covers, and the like, are irrelevant to vehicle safety. According to the IIHS, the crash performance of parts from non-OE suppliers would have no impact compared to cosmetic parts from original-equipment manufacturers in terms of their safety. […]
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