A new report from Moody’s Investors Service says that accident avoidance features in vehicles, such as automatic braking, adaptive cruise control, and lane departure prevention will lead to lower accident frequency in the next five-to-ten years, a benefit for auto insurers. Longer term, however, self-driving cars could translate into significantly lower premiums and profits for […]
Guidewire Acquires EagleEye Analytics
Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property/Casualty insurers, announced that it has agreed to acquire EagleEye Analytics, a provider of predictive analytics products specifically designed for Property/Casualty insurers. The transaction is expected to close shortly. With this acquisition, Guidewire will enable its customers to apply predictive analytics to make better […]
PA Senate Approves Amended Photo Appraisal Bill
Legislation amended to require physical inspections when disputes arise. The Pennsylvania approved an amended version of House Bill 1638 (HB1638) on March 23 by a vote of 47-1. HB1638 proposes to amend the 1972 Motor Vehicle Physical Damage Appraiser Act to eliminate the requirement for physical inspections and remove restriction upon the use of photographs […]
Auto Care Association and CARE Oppose Rhode Island Telematics Bill
While the Auto Care Association and the Coalition for Auto Repair Equality (CARE) are applauding the Rhode Island House Legislature for considering legislation (HB 7711) that would require vehicle manufacturers to provide car owners with the ability to control where information transmitted by vehicle telematics systems is sent, they believe a collaborative approach would be […]
I-CAR Class Added to ASA Training Event in Pennsylvania
The Automotive Service Association (ASA), with the support of ASA Pennsylvania, has put together a robust training program, taking place in Philadelphia at the DoubleTree Airport Hotel April 8 – 9. The event will bring a full day management session dedicated to shop owners and managers on Friday and service repair training to the technicians […]
Service King Adds Collision Repair Center in Atlanta Market
Service King Collision Repair Centers announced the acquisition of Absolute Autobody located at 2205 Highway 42 N. in McDonough, Ga. Service King and Absolute Autobody agreed upon and finalized terms of the merger Friday, March 25. The facility is Service King’s seventh in the Atlanta market. “This is an exciting step for the Absolute Autobody […]
NORTHEAST Trade Show Sets Attendance Record, Plans Expansion
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ)’s NORTHEAST 2016 Automotive Services Show, held at the Meadowlands Exposition Center (MEC) in Secaucus, N.J. on March 18-20, broke records in attendance, booth space and seminar registration. “I think for the first time in my life I am kind of speechless,” said AASP/NJ President Jeff […]
BASF Launches Norbin brand in North America
BASF Automotive Refinish announced the launch of Norbin, a new brand of products, in the U.S. and Canada. Norbin primers and clears are now available for purchase through BASF distributors. “Made with BASF technology and easy-to-use, Norbin is designed for the economy segment,” said Amy Kramer, BASF Inside Sales Manager. “Norbin allows our distributors to […]
PPG Names Color Systems Platinum Distributor of the Year
PPG has recognized Color Systems of Warwick, R.I., as its 2015 Platinum Distributor of the Year. Bob Wenzinger, director of the PPG Platinum Distributor program, presented the award at the annual PPG Platinum Distributor Conference, Feb. 25–28 at the Green Valley Resort in Las Vegas. Steven Choiniere, president and owner, and Steve Lauro, sales manager, […]
Boyd Acquires Five-Store MSO in Oregon
The Boyd Group Inc. (TSE: BYD.UN) announced that it has added five collision repair centers in the Oregon region through the acquisition of J&M Body Shops in the Portland area. J&M Body Shops, was founded in 1975 in Oregon City. It was acquired on March 21, and will operate as under the Gerber Collision & […]
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