American Family Insurance announced its third round of premium relief for personal auto insurance customers due to decreased driving and claims from COVID-19, increasing the total amount of relief to $500 million since the pandemic began. American Family Insurance announced today its third round of premium relief for personal auto insurance customers due to decreased […]
Auto Club Announces Third Round of Financial Relief for Auto Insurance Policyholders
The Automobile Club of Southern California announced that AAA members who insure their vehicles through the Interinsurance Exchange of the Automobile Club will receive a third round of premium refunds totaling approximately $46 million. This latest COVID-19 financial relief is in addition to almost $92 million in refunds provided in May and $58 million in […]
ASA Urges Shops to Contact Congress on New COVID-19 Relief Stimulus Package
The Automotive Service Association (ASA) reports that talks continue this week in Congress between Treasury Secretary Steven Mnuchin, Speaker of the House Nancy Pelosi, other Republican congressional leaders, and members of the Trump Administration to finalize another stimulus package for COVID-19 relief. Speaker Pelosi and Secretary Mnuchin have been negotiating for weeks over the size […]
Elephant Insurance Allows Majority of Employees to Continue Working from Home Through July 2021
Elephant Insurance recently announced plans to have the majority of its employees work remotely until at least July 31, 2021. “The most important thing we can do as an employer is to keep our employees safe,” said Alberto Schiavon, CEO of Elephant Insurance. “With the uncertainly of the pandemic into the first half of the […]
NJM Returns $1.9 Million to Commercial Auto Policyholders
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 […]
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