Two locations in hurricane-prone region converted to permanent CAT yards. IAA, Inc. (NYSE:IAA) announced the expansions of the Crowley and Scott CAT yards near Lafayette, La. These full-term conversions of CAT yards into permanent facilities support IAA’s long-term capacity strategy in this hurricane-prone region. “IAA’s continued investment in hurricane-prone areas, like southern Louisiana, helps to […]
Wesco Group Acquires Capital Paint & Refinish and Capital Equipment
Adds 11 locations in Texas, Louisiana and Colorado. The Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced that it acquired Capital Paint & Refinish and Capital Equipment. Capital was founded in May 2015 by Todd Kinsel and his two brothers Craig and Scott. Since its inception Todd and the […]
Boyd Group Acquires Collision Repair Center in Shreveport, Louisiana
Boyd Group Inc. announced the acquisition of a collision repair center in Shreveport, La. This new Gerber Collision & Glass repair center previously operated as Crown Collision in this community since 2017. Shreveport is the third largest city in Louisiana with a population of approximately 190,000 people. Louisiana ranks third in the U.S. for the […]
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 […]
Farmers Insurance Returns to Louisiana Auto Insurance Market
Louisiana Insurance Commissioner Jim Donelon has approved rate and form filings for Farmers Insurance (Farmers), the nation’s ninth largest property and casualty insurer, to return to the Louisiana market this month with auto, homeowners, condo and renters insurance. “The addition of a major national company to the roster of insurers offering property and automobile insurance […]
Noblr Car Insurance Launches In Louisiana
Noblr announced its auto insurance is now available in Louisiana. Noblr provides an app-powered, personalized car insurance experience that rewards members’ good driving behaviors with continuous, real-time competitive rates. “We’re excited to launch in our sixth state, and to bring an empowering car insurance experience to drivers across Louisiana,” said Gary Tolman, Noblr Co-founder & […]
Louisiana Insurance Commissioner Calls for Commercial Auto Insurance Premium Discounts
Louisiana Insurance Commissioner Jim Donelon has called upon commercial vehicle insurers to review their Louisiana policies and consider returning a percentage of premium to policyholders whose businesses have been impacted by the stay at home orders put in place as a result of the Coronavirus pandemic. Following these emergency declarations, many commercial fleet operators are […]
IAA Relocates and Expands Baton Rouge Branch
IAA, Inc. (NYSE:IAA) announced the relocation of its Baton Rouge, La. Branch, increasing its capacity by approximately 60 percent. The new facility is located at 5978 Hwy 75 in Carville. “This relocation of our Baton Rouge facility brings additional capacity to the Gulf of Mexico region, an area where catastrophic weather events occur regularly,” said […]
Boyd Group Acquires Collision Repair Center in Louisiana
The Boyd Group Inc. announced the opening of a Gerber Collision & Glass collision repair center in Gonzales, La. The location previously operated as Precision Collision Center since being built 19 years ago. Gonzales is known as the “Jambalaya Capital of the World” as a result of its well-known annual Jambalaya Festival attended by more […]
Louisiana Legislature Passes Collision Repair and Auto Glass Anti-Steering Legislation
Bill expands state’s current anti-steering law and increases fines that can be levied on auto insurance companies. On Saturday, June 1, the Louisiana Senate voted to approve legislation passed by the House of Representatives that would expand the state’s anti-steering law and double fines for an initial offense and a 10 times increase for third […]