NJM Insurance Group announced it is refunding a portion of premiums to policyholders through the NJM Policyholder Relief Program. Commercial auto customers will receive the equivalent of 15% of two months of their annual insurance premium, in recognition of reduced driving related to the pandemic. In NJM’s latest effort to assist policyholders impacted by the […]
Pennsylvania Towing Company Owner Among More than Dozen Charged with Conspiring to Commit $24 Million PPP Loan Fraud
A Florida recording artist and a Pennsylvania towing company owner have been charged for their alleged participation in a scheme to file fraudulent loan applications seeking more than $24 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Diamond […]
Consumer Groups Say Auto Insurers Reap Tens of Billions in COVID Windfall Profits
Groups accuse State Insurance Commissioners of being asleep at the wheel as insurers profit from reduced driving. Demand ongoing premium rebates. The Consumer Federation of America (CFA) and the Center for Economic Justice (CEJ) took state Insurance Commissioners to task for failing to prevent what it calls “windfall auto insurer profits”as auto claims dropped when […]
Automechanika Buenos Aires Rescheduled to September 2022
In accordance with the health regulations, recommendations and requirements related to the ongoing coronavirus (SARS-CoV-2) pandemic issued by the Argentina national government and the City of Buenos Aires, we as organizers of Automechanika Buenos Aires are forced to postpone Argentina’s international trade fair for the automotive service industry. The event, originally scheduled for November this […]
Caliber Reports Kept All Collision Repair Centers Operational During Pandemic
Largest collision repair center operator details efforts it took to navigate through pandemic. As promised, landlords to receive deferred payment at end of month. Projects it will add 100 new locations this year. Caliber Collision, in communications with its landlord partners dated August 31, detailed the steps it took to maintain a strong financial position […]
Next Year’s Australian Auto Aftermarket and Collision Repair Expo Rescheduled to 2022
The Australian Automotive Aftermarket Association (AAAA) announced the decision to reschedule the Australian Auto Aftermarket and Collision Repair Expo, that was to be held 29 April 29 to May 1, 2021, until 2022. The Expo, the largest aftermarket trade show of its kind in Australia, will now take place April 7-9, 2022 at the Melbourne […]
NSC Estimates U.S. Saw a 20% Jump in Motor Vehicle Death Rates in First Six Months of 2020 Despite Quarantines
Preliminary estimates from the National Safety Council (NSC) based on the first six months of data from all 50 states tell an erratic story about the nation’s driving behaviors and the impact of COVID-19 on roadway safety. The U.S. experienced an estimated 20% jump in the death rate – an indicator of how safely drivers […]
Department of Labor Revises Regulations to Clarify Paid Leave Requirements under the Families First Coronavirus Response Act
The U.S. Department of Labor’s Wage and Hour Division (WHD) today revisions to regulations that implemented the paid sick leave and expanded family and medical leave provisions of the Families First Coronavirus Response Act (FFCRA). The revisions made by the new rule clarify workers’ rights and employers’ responsibilities under the FFCRA’s paid leave provisions, in […]
UK Motor Claims Fell 48% in the Second Quarter Compared to First
The average claim value reached a record high. As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI). The fall largely reflected the lockdown period, when far fewer vehicle journeys were made. Claim […]
NBRA Calls for UK Government to Extend Job Retention Scheme Through December
The National Body Repair Association (NBRA), the trade association for the UK’s vehicle body repair shops is calling on the government to extend the Coronavirus Job Retention Scheme (CJRS) through the end of December. The program is currently to expire at the end of October. Despite body shops being permitted to remain open during the […]