Vice President Bill Eager named new CEO effective December 1. CARFAX today announced that Dick Raines plans to retire as chief executive officer (CEO) on November 30. Vice President Bill Eager will become the new CEO of CARFAX on December 1. “It’s been my honor and privilege to work with Team CARFAX for the past […]
As Many As 212,000 Vehicles Damaged by Hurricane Ida
CARFAX projects widespread flooding in New York City, New Jersey and Louisiana will lead to large number of flood damaged vehicles. In the wake of Hurricane Ida and other intense storms across the United States, consumers need to be on alert for flooded vehicles resurfacing on the used car market. CARFAX data suggests widespread flooding […]
CARFAX Announces New Total Loss Valuation Service
New service provides insurers with ability to use CARFAX data to establish total loss values. Carfax announced that a new insurance total loss valuation service is now available through its claims-centric web portal. The new product helps total loss adjusters determine a vehicle’s unique pre-accident value using Carfax’s VIN-specific History-Based Value. Carfax utilizes pricing data […]
Assured Performance and CARFAX Sign Reporting Deal
Assured Performance Network announced that they have entered into an agreement with CARFAX to report when a vehicle is repaired using 100 percent OEM Collision repair parts if it is already reported as damaged. The repair reporting also requires the shop and consumer’s permission. Buyers and sellers of used cars will now have information about […]
Last CIC Meeting of 2010 Hits Data Privacy, Repair Standards
New chairman comments on plan for results-oriented process for CIC. Although the results of the recent crash testing of non-OEM parts by Ford and the Insurance Institute for Highway Safety, previously reported on CollisionWeek, were among the topics at the most recent Collision Industry Conference (CIC), the quarterly gathering focused on a variety of other […]