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Uni-Select Reports FinishMaster Sales Up 17.7% in Fourth Quarter Due to Acquisitions

February 9, 2017 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) yesterday reported its financial results for the fourth quarter ended December 31, 2016. Consolidated sales for the fourth quarter were $291.0 million, a 12.3 percent increase, mainly driven by the sales generated from recent business acquisitions, for the most part in the US, representing an increase of 15.3 percent. On an organic […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

CIECA MSO Summit Seeks to Move Collision Repair Industry Forward 

February 9, 2017 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) recently hosted a Top-2-Top MSO Summit. This exclusive group of industry thought leaders included Presidents and Chief Information and Technology Officers who represent approximately 80 percent of the Multiple Shop Operator (MSO) categorized operations in the country. This was the first of many meetings to create a higher-level […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association, Multiple Shop Operators, Standards

Registration Open for ASA Annual Business Meeting

February 9, 2017 By CollisionWeek Editor

The Automotive Service Association (ASA) has opened online registration for its 2017 Annual Business Meeting, which will be held April 24-26 at the Magnolia Hotel in Denver. Information about the meeting, schedule of events and online registration are available online. Attendees also may use the site to book reservations at the Magnolia Hotel. The event […]

Filed Under: News Tagged With: Annual Meeting, Automotive Service Association

CCC Information Services Reportedly Up for Sale

February 8, 2017 By CollisionWeek Editor

Private equity firms reportedly exploring sale of collision repair industry information provider. CCC Information Services, Inc. may be up for sale according to an article last week by Bloomberg. Founded in 1980 and based in Chicago, Ill., CCC, once a public company, taken private in 2006.   According to the article, CCC’s private equity backers, […]

Filed Under: News Tagged With: Acquisitions, CCC, Leonard Green

Owners of Seven California Collision Repair Shops Arrested in Auto Insurance Fraud Sting

February 8, 2017 By CollisionWeek Editor

Department of Insurance alleges 40 suspects involved in $560,000 fraud ring. California Department of Insurance detectives and investigators with the Auto Insurance Fraud Task Force yesterday arrested seven suspects, charged an additional 22 who are self-surrendering, and are still seeking 11 more suspects for allegedly running an organized automotive insurance fraud ring that netted conspirators […]

Filed Under: News Tagged With: Arrests, California, Department of Insurance, Insurance Fraud

AR Direct Announces Strategic Partnership with IA Path

February 7, 2017 By CollisionWeek Editor

AR.direct logo

AR Direct announced a strategic partnership with IA Path, a company helping people become independent auto damage appraisers in as little as 30 days.  IA Path was founded by Chris Stanley in October 2016 after seeing a need for a new wave of auto damage adjusters and appraisers. He has eight years of experience as […]

Filed Under: News Tagged With: AR.DIrect

Diamond Standard Rolls Out Parts Reference Tool for Step Bumper Assemblies

February 7, 2017 By CollisionWeek Editor

Diamond Standard in CCC True Parts

Collision repair and insurance company estimators have a new resource to help identify step bumper assembly components. Diamond Standard announced that its DS PartsPath, provides photos and descriptions of all assembly component included in their Full Assembly Step Bumper Systems with OEM reference numbers for comparison and evaluation.  In addition, over 1600 other Diamond Standard […]

Filed Under: News Tagged With: APU Solutions, CCC, Diamond Standard, electronic parts ordering, Keystone, Non-OEM Parts

February Guild 21 Concall Features George Avery

February 7, 2017 By CollisionWeek Editor

The next Guild 21 conference call takes place Thursday, February 9 at 2 p.m. EST (11:00 a.m. PST) and will feature George Avery, sharing some of his uncensored thoughts since retiring from the auto insurance industry. Registration for the call is available online. Avery began his career in the collision repair industry working as an auto […]

Filed Under: News Tagged With: Guild 21

Registration Opens for Collision Repair Education Foundation 16th Annual Golf Fundraiser

February 7, 2017 By CollisionWeek Editor

Registration for the 16th Annual Collision Repair Education Foundation Golf Fundraiser and the LORD Fusor sponsored Helicopter Golf Ball Drop is now open. Organizers anticipate the Golf Fundraiser selling out during the spring, so early registration is encouraged. The event supports the Collision Repair Education Foundation (CREF) in their mission to provide support for collision […]

Filed Under: News Tagged With: Chicago, Collision Repair Education Foun, Golf Outing, Illinois, NACE Automechanika

North Carolina Auto Insurance Companies Ask for 13.8 Percent Rate Hike

February 7, 2017 By CollisionWeek Editor

North Carolina Insurance Commissioner Mike Causey announced February 3 that the Department of Insurance has received the annual auto insurance rate filing from the North Carolina Rate Bureau. The Bureau, which represents the auto insurance companies in the state, requested an overall statewide average increase of 13.8 percent for 2017. Causey who was elected Insurance […]

Filed Under: News Tagged With: Auto Insurance Affordability, North Carolina

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