State Farm has applied for a patent on a system that will notify policyholders when their vehicle is located in an area that poses risk, such as parked in a garage that’s recently seen a [...]
New and used vehicle prices trending down and a flat month for maintenance service costs could mean insurers will slow down their premium increases, according to a CNBC article. U.S. Bureau of Labor Statistics (BLS) [...]
An Illinois bill is headed for Gov. J.B. Pritzker’s signature that will require insurance companies to tell vehicle owners how their vehicles were determined total losses. While some states determine total loss under a threshold [...]
Three collision repair shop owners recently shared how they’ve implemented employee role segmentation and its positive impacts on workforce skills development, productivity, repair quality, and overall operations efficiency. The panel discussion was held May 17 [...]
Two recently filed companion bills in New York would require if passed, the state’s commissioner of motor vehicles to conduct a study to review if safety inspection requirements need to be updated. A8190 and S09436 [...]
Many students have skipped the pressures of this month’s “Decision Day” by choosing a skilled trade to go into, avoiding possible financial aid delays and concerns about their future along the four-year college degree path, [...]
A newly released Focus Advisors report outlines how acquisitions in the collision repair industry are evolving from smaller equity firms that previously faced higher risks, to larger investment firms with deeper pockets. Departing investors held [...]
More than 110 million vehicles in the U.S. are between six and 14 years of age, reflecting nearly 38% of the fleet on the road, and that’s expected to continue growing to an estimated 40% [...]
With auto insurance rates higher than ever and more consumers in the market shopping for policies than ever before, digital channels have become a critical component of the overall auto insurance shopping and service experience, [...]
BMW i Ventures announced Wednesday its investment in Simr, a cloud simulation company that provides a platform for using any compute resources with any simulation tool, according to a press release. The investment enhances the [...]
