Private equity firm acquires 110 store collision repair chain. TSG Consumer Partners (TSG), a private equity firm focused exclusively on the branded consumer sector, today announced that it has signed an agreement to acquire a majority stake in Joe Hudson’s Collision Centers (JHCC) from Carousel Capital. Carousel Capital and JHCC management will continue as minority […]
Mississippi Collision Repair Association Partners with Insurance Department to Protect Buyers from Flooded Vehicles
Collision repair association members will provide free inspections of used vehicles. The Mississippi Insurance Department and the Mississippi Collision Repair Association have teamed up to protect residents from buying cars damaged by Hurricanes Harvey and Irma. Following the two storms, officials say thousands of flood-damaged vehicles have made their way from Texas, Louisiana and Florida […]
Insurance Association Concerned with Mississippi AG’s Consumer Guide to Insurance and Auto Body Repair Misleads Customers
Property Casualty Insurers Association concerned language on replacement parts in guide may confuse consumers and collision repair shops. The Property Casualty Insurers Association of America (PCI) is concerned that the Consumer Guide to Insurance and Auto Body Repair released on May 25 by Mississippi Attorney General Jim Hood may confuse and mislead both consumers and […]
Mississippi Attorney General and Auto Repair Task Force Release Consumer Guide to Insurance and Auto Body Repair
Last week, Mississippi Attorney General Jim Hood announced the release of the Consumer’s Guide to Insurance and Auto Body Repair. According to the Mississippi Attorney General’s Office, it convened the Mississippi Auto Repair Task Force in August 2016 in an attempt to give consumers some guidance on navigating the relationship between the collision repair and […]
Spanesi Americas Adds Distributor for Gulf States
Spanesi Americas announced that Complete Collision Equipment, Inc. is providing distribution and customer support in the Gulf States, specifically the Houston, TX market, Louisiana, Mississippi, and Alabama. “We are very pleased to have Complete Collision Equipment join the Spanesi Americas team,” stated Tim Morgan, Managing Director of Spanesi Americas. “As we have continued to grow […]
Effort to Limit Collision Repair Labor Rates in Mississippi Fails
Legislation seeking to limit the labor rates charged by auto body repair facilities in the state unsuccessful. Two bills seeking to limit hourly rate collision repair facilities can charge for labor both failed to make it out of committee prior to the deadline necessary for them to be considered for adoption. As CollisionWeek reported in […]
Mississippi Bills Seek to Limit Collision Repair Labor Rates
Pair of bills before the Mississippi Legislature seek to cap labor rates to national average. Automotive Service Association opposes legislation. Two bills were introduced last week in the Mississippi legislature that would, if passed, limit the labor rates charged by collision repairers in the state. Mississippi Senate Bill 2187 (SB2187), introduced by Senator Videt Carmichael, […]
Body Shop Owner Concedes Mississippi Insurance Commissioner Race
John Mosley, owner of Clinton Body Shop, in Clinton, Miss., conceded defeat in yesterday’s Republican primary election for Mississippi Insurance Commissioner. Mosley received 72,000 votes compared to 189,000 for incumbent insurance commissioner Mike Chaney. In a statement released on the John Mosley for Insurance Commissioner Facebook page, the candidate stated, “I want to thank everyone […]