Repair facilities must have steel requirement completed by end of 2017. State Farm announced that the Inter-Industry Conference on Auto Collision Repair (I-CAR) Welding Training & Certification for collision repairers is now a requirement to participate in its Select Service Program. Training will be delivered by I-CAR and offered at special pricing for network members. […]
Nine Transitioning Soldiers Graduate from Caliber Collision’s Changing Lanes Program
Nine soldiers at Ft. Bragg will be completing their military service and returning to civilian life fully armed with a $2,500 toolbox, employment offer and a new career with Caliber Collision. Developed in partnership with Fayetteville Technical Community College (FTCC) and Ft. Bragg’s Career Skills Program, Changing Lanes is the first program in the country […]
State Farm Announces $5.5 Underwriting Loss in 2016
Overall earned premiums up five percent to $61.7 billion. Auto earned premiums up 6.9 percent to $38.8 billion. The State Farm property-casualty (P-C) companies yesterday reported an underwriting loss of $5.5 billion in 2016 on earned premium of $61.7 billion, compared to an underwriting loss of $2.1 billion on earned premium of $58.6 billion in […]
Interview: Russ Hoffbauer, State Farm Insurance
In our video interview, Russ Hoffbauer, director of claims for State Farm Insurance, explains the impact changing vehicle technology is having on collision repair claim frequency, cost and the referral process. He also examines changing claims technology as well as the continued evolution of the Select Service referral network. With over 18 percent of the […]
Class Action Status Granted in State Farm RICO Lawsuit
Lawsuit alleging State Farm influenced Illinois Supreme Court Justice granted class action status. A federal racketeering lawsuit involving State Farm and allegations of funneling money into the election of a state judge was granted class-action status on Friday. In 2012, plaintiffs Mark Hale, Todd Shadle and Carly Vickers Morse filed a two-count Racketeer Influenced and […]
State Farm Projects 2016 Likelihood of Deer Collision
Cost of large animal claims down slight in 2015-2016 State Farm has released its annual deer claim study, which ranks states by the potential drivers had of hitting a large animal, including deer, elk and moose over a given time period. On average, one of every 41 West Virginia drivers will have an insurance claim […]
State Farm Board Elects Tipsord Chairman
The State Farm Mutual Board of Directors yesterday unanimously elected CEO Michael Tipsord to the position of Chairman of the Board. Tipsord succeeds outgoing Chairman Edward B. Rust Jr. “It has been a true privilege to work with Ed,” said Tipsord. “For over 30 years, he led our Company and became the very personification of […]
Collision Repairers Provide Recycled Rides to First Responders and K9 Partners
With wildfire season approaching, collision repairers in several states teamed up through the National Auto Body Council’s Recycled Rides and the State Farm Arson Dog Program to provide critical and reliable transportation for first responders and their K9 partners as part of 2016 Arson Awareness Week. Participating collision repairers include Caliber Collision locations in Raleigh, […]
Regional Golf Fundraiser Paves Way for National Auto Body Council Programs
A full field of golfers representing all facets of the collision industry, with Enterprise Rent-A-Car as Presenting Sponsor and 33 additional sponsors, joined forces in Dallas, Texas for a successful day for the National Auto Body Council (NABC), the entire collision repair industry and most importantly three deserving North Texas families in need of transportation. […]
Largest Auto Insurers Added Market Share in 2015
The largest private passenger auto insurers in the U.S. gained market share in 2015. Growth continues long term trend. Since 2000, the largest private passenger automobile insurers have been growing their combined market share and more than half of all private passenger auto insurance in the United States is handled by just five companies. The […]