Your source for the latest collision repair industry news, statistics and trend analysis.
Thu, 08 Dec 2022 16:52:06 +0000
Americans Will Pay 16% More for Auto Insurance by the End of 2023
According to Insurify report, after a 9% increase in 2022, prices are projected to rise another 7% by the end of next year. The average American driver will pay nearly $1,900 for car insurance in 2023, as insurance rates continue to rise across the country. This is according to the Insurify 2022 Auto Insurance Trends […]
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Lincolnshire Management Acquires Collision Services and Auto Body Toolmart Parent Whitewater Brands
Brown Gibbons Lang & Company (BGL) announced the sale of Whitewater Brands, a portfolio company of Rock Gate Partners and Peninsula Capital Partners, to Lincolnshire Management. BGL’s Industrials Group served as the exclusive financial advisor to Whitewater Brands in the process. Whitewater Brands is an omni-channel marketer and supplier of high-margin, productivity-enhancing consumables and light […]
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Mitchell Selected as the Preferred Technology Provider of Vale PDR Technician Certification Program for North America
Designation now extends beyond the US to Canada. Mitchell today announced that Dented Paintless Repairs, Inc. named it the preferred technology provider of the Vale PDR Technician Certification Program in Canada. This designation, combined with Mitchell’s 2021 selection as U.S. PDR technology provider of the Vale program now administered by HM Verified, LLC, is part […]
TechForce Partners with Caliber Collision to Helps Young People Explore Collision Repair Technical Education and Careers
The TechForce Foundation recently launched a new video in partnership with Caliber Collision, #BeaCollisionTech, designed to educate young people about the opportunities and benefits that a career in collision repair offers. TechForce’s annual Supply and Demand Report revealed that among the transportation sectors, collision is suffering the most from the tech shortage. The ratio of […]
CARFAX Hits 30 Billion Records in Vehicle History Database
According to CARFAX its vehicle history database now includes more than 30 billion records. This milestone came from one of the more than 131,000 sources that report vehicle information directly to CARFAX. The CARFAX Vehicle History Report containing the 30 billionth record reported to CARFAX, an “offered for sale” record in Texas for a 2020 […]
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State Farm Rolling Out Expanded Non-OEM Collision Repair Parts Use to Most U.S. States
Following the test in Texas and Oklahoma announced in June, the largest private passenger auto insurer in the U.S. will reintroduce CAPA-certified non-OEM collision repair parts. State Farm announced to its Select Service shops yesterday, December 6, that due to continuing supply chain issues it will reintroduce expanded specification of non-original equipment manufacturer (non-OEM) collision […]
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Pre-Registration for Northeast Trade Show Open
The Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) announced that attendee pre-registration for free admission to its flagship event, the annual NORTHEAST Automotive Services Show, is now open online. The 2023 show is scheduled for March 17-19, to the Meadowlands Exposition Center in Secaucus, N.J. The show typically draws over 6,000 collision repair […]
Scott Bridges Named Senior Vice President USA Fix Network
Newly created position includes U.S. sales and franchising division. The Fix Network announced Scott Bridges is the company’s new senior vice president, USA. In this newly created role, Bridges, who was previously the vice president of sales for ProColor Collision, will be responsible for leading Fix Network’s sales and franchising divisions in the United States. […]
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James Doss Named CFO at PARTS iD
PARTS iD, Inc. (NYSE American:ID), the owner and operator of a digital commerce platform for the automotive aftermarket, announced the appointment of James Doss as its Chief Financial Officer effective January 1, 2023. Doss will assume the role following the retirement of current Chief Financial Officer Kailas Agrawal at the end of this year. “We […]
AM Best Outlook on U.S. Personal Lines Insurance Segment Remains Negative
Personal auto physical damage loss ratios have deteriorated as severity has increased since the end of 2021. Innovative use of technology necessary to strengthen claims handling. AM Best announced today is maintaining its negative market segment outlook on the U.S. personal lines insurance segment for 2023, primarily due to significant deterioration in reported results for […]
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