MQVP filed for Chapter 7 bankruptcy on July 18 and will liquidate its assets. The aftermarket parts certifying body MQVP Inc. filed for Chapter 7 bankruptcy in United States Bankruptcy Court in the Eastern District of Michigan on July 18. Bankruptcy judge Marci B. McIvor granted the Michigan based company’s motion to convert its original […]
Ford Files Suit to Halt U.S. Import of Aftermarket Crash Parts
Ford has filed suit with the U.S. International Trade Commission (ITC) claiming that certain aftermarket parts violate patents held by the automaker. Ford claims that certain parts designed for use on the F-150 infringe on its patents and the automaker has requested that the ITC issue a cease and desist order to stop importation of […]
IIHS: Cosmetic Crash Parts Are Irrelevant To Auto Safety
According to the Insurance Institute for Highway Safety (IIHS) collision repair sheet metal, including fenders, door skins, bumper covers, and the like, are irrelevant to vehicle safety. According to the IIHS, the crash performance of parts from non-OE suppliers would have no impact compared to cosmetic parts from original-equipment manufacturers in terms of their safety. […]
Aftermarket Parts Lawsuits Hit Canada
AXA Canada and ING Canada named in class action. IBC to look at insurance company practices. Insurance companies in Canada are starting to feel the impact of the U.S. aftermarket parts class action trial that ended October 8th in Illinois with a $1.18 billion award against State Farm. Some recent Canadian events: A class action […]
Replacement Parts Bills and Anti-Steering Legislation Introduced in PA Senate as Session Recesses
When the PA Senate reconvenes January 24, the insurance industry will be watching a competitive replacement parts legislation that has been introduced in the Senate. The National Association of Independent Insurers (NAII) is opposed to Senate Bill 1207, which prohibits the use of competitive replacement parts for the repair of vehicles that are less than […]