Universal Technical Institute (UTI) announced the completion of a series of transactions resulting in the 100% ownership of its Lisle, Ill. campus through a wholly owned subsidiary, 2611 Corporate West Drive Ventures, LLC (2611 CWD). This was accomplished by the acquisition of the approximately 72% ownership of 2611 CWD previously held by iStar Net Lease […]
Allstate and Enterprise Support Schools Through Collision Repair Education Foundation
Collision repair schools in Illinois, Massachusetts and South Carolina benefit from industry support. The Collision Repair Education Foundation (CREF) announced that six schools will receive Collision School Career Readiness Benchmark Grants. Allstate is providing a $10,000 grant to Thornton Fractional High School Center for Academics and Technology, located in Calumet City, Ill., to improve its […]
Hearing Scheduled on Illinois Aftermarket Collision Repair Parts Bill February 15
Legislation introduced in January in the Illinois House of Representatives that seeks to amend the state’s insurance code to regulate aftermarket collision repair parts and glass is scheduled to be included an Illinois House Insurance Committee hearing on February 15. Illinois House Bill 4719 (HB 4719), introduced on January 21 by Illinois State Rep. Elizabeth […]
Illinois Legislation Seeks to Change Aftermarket Collision Repair Parts Regulations
Legislation would require crash parts and auto glass that meet or exceed OEM specifications, requires insurers to follow manufacturer ADAS procedures. Legislation introduced on Friday in the Illinois House of Representatives seeks to amend the state’s insurance code to regulate aftermarket collision repair parts and glass. Illinois House Bill 4719 (HB 4719) was introduced January […]
Service King Opens New Collision Repair Center in Deer Park, Illinois
Service King Collision announced its newest collision repair center at 20168 N. Rand Road in Deer Park, Ill. is now open. Construction of the 11,200-square-foot autobody repair facility was announced in September. The facility is Service King’s 34th facility in Illinois, and they operate more than 300 locations systemwide. “We’re proud to introduce our industry-leading […]
Tesla Expands Auto Insurance Offering to Illinois
In an update on its website, Tesla announced the availability of its insurance product in Illinois, the third state for the vehicle manufacturer. The vehicle manufacturer launched its auto insurance product in California in 2019 and later expanded to Texas. According to the Tesla website, ” Tesla Insurance is a competitively priced insurance product, offering […]
CREF Scholarship Recipient Olivia Peterson Shines as Incoming Collision Repair Professional
When Olivia Peterson, a collision repair student at College of Lake County in Grayslake, Ill. applied for a scholarship through the Collision Repair Education Foundation (CREF) earlier this year, she had no clue how far that simple action would take her in a short span of time. Chosen to receive a $2,500 scholarship from Gerber […]
Allstate Sells Majority of Northbrook, Illinois Campus
The Allstate Corporation (NYSE: ALL) today announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The sale is expected to close in 2022. Allstate is selling the property as employees have more choice about where they work […]
CARSTAR Chicagoland Business Group Showcases Collision Repair Careers at Lincoln Technical Vocational College
The CARSTAR Chicagoland Business Group is continuing its support for the future of the collision repair industry with its ongoing sponsorship of Lincoln Technical Vocational College over the past decade. Recently, CARSTAR hosted a booth at the Lincoln Technical Vocational College Career Fair to showcase careers in collision repair. Some 150 students and 30 vendor […]
Boyd Group Acquires Collision Repair Center in Sycamore, Illinois
The Boyd Group Inc. announced the acquisition of a collision repair center in Sycamore, Ill. This new Gerber Collision & Glass repair center has operated as Hayes Body Shop for 36 years and is located just off Route 23 which is the main roadway between Sycamore and DeKalb, home of Northern Illinois University. “The acquisition […]
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