The Collision Industry Conference on Wednesday reiterated that its April 21-22 meeting in Arizona would offer the option of attending in person or virtually over Zoom. “Due to Arizona COVID restrictions, the in-person is limited [...]
Repairify, the company doing business under the asTech brand, announced Tuesday it had purchased European diagnostics and calibration provider Red Autocenters and scanning and calibration equipment distributor Red Limited. It will consolidate both purchased companies [...]
The Internal Revenue Service last week extended the 2021 federal individual income tax deadline to May 17, but small businesses and other self-employed collision repairers might still have obligations due April 15. “It’s not meaningful [...]
The sponsor of a Pennsylvania bill capping daily rates at $40 for any “towing storage facility” said he’s no longer seeking the legislation. “Rep. Ortitay asked that I tell you that the bill is no [...]
The Hartford board of directors on Tuesday unanimously voted against Chubb’s offer to buy the rival carrier for more than $23 billion in cash and stock. Hartford directors felt that it wasn’t worth going any [...]
Despite overwhelming support from lawmakers in 2020, a bill promoting paint and materials guidelines and scanning and calibration OEM repair procedures was shot down by a New Hampshire House committee this month. The House Commerce [...]
New research has found people tend to blame and judge a manufacturer disproportionally compared to a supervising human when a Level 2 advanced driver assistance system crashes. The study published in a January issue of [...]
Chubb on Thursday confirmed that it had offered the Hartford $65 per share for the company, representing a 26 percent premium over the company’s recent average stock price. “We have not yet received a response [...]
Editor’s note: George Crowell, principal of Harris, Hardy & Johnstone, on Feb. 12, 2021, shared the following summary of the Employee Retention Tax Credit — which last year was expanded to permit usage by Paycheck [...]
Congress has significantly expanded the Employee Retention Tax Credit over the past three months into what might prove a financial benefit for some collision repairers who preserved their workforce despite the COVID-19 economy. “It’s a [...]
