CCC Intelligent Solutions and Verisk Analytics have announced a partnership to mitigate auto physical damage (APD) claims fraud, specifically those possible through artificial intelligence (AI) applications. CCC, as a leading P&C insurance cloud platform along [...]
Private equity (PE) firms are becoming more sophisticated with their investments in the collision repair space, leading to greater growth and prompting more investors to enter the space, according to a new report by Focus [...]
Registration for this year’s SEMA Show is now open with discounted registration and Repairer Driven Education (RDE) sessions are increased to full price available through Sept. 28. The show features thousands of exhibitors and brands, [...]
A competing bill to “right to repair” legislation introduced in Maine has been put forth that supports right to repair while preventing open third-party access to telematics-equipped vehicles. The Alliance for Automotive Innovation (Auto Innovators) [...]
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) is helping train the next generation of collision repairers through 22 newly-awarded scholarships. The scholarships, totaling $20,000 will help cover the costs of tuition or tools [...]
At the second annual event, collision repair professionals had the opportunity ... manager for the Society of Collision Repair Specialists (SCRS), ...
Toyota is expanding its insurance arm to California, where it says it will offer its “customizable coverage” for the automaker’s line of vehicles, and others. Toyota Auto Insurance (TAI), the automaker’s branded insurance product, is [...]
Berkshire Hathaway, parent company of GEICO, reports that collision claim frequency decreased 6-7% while severity rose 7-8% during Q1. GEICO says average auto policy premiums were higher during the quarter effectively increasing profit by $72 [...]
Audi is reporting a 43% increase in deliveries for its electric vehicle (EV) models and said it plans to launch about 10 new EVs through 2025. Announcing its “strong delivery figures” for early 2023, the [...]
Axalta shared last week that its net sales increased during Q1 by 9.4% year-over-year (YOY) because of better pricing and volume growth, including a 4% increase YOY increase in its Performance Coatings segment. The company’s [...]
