State Farm reports underwriting losses, despite auto lines profitability

State Farm’s property and casualty (P&C)  group of companies had an underwriting loss of $14.1 billion for 2023, compared to a $13.2 billion loss in 2022, according to a company press release. It says the [...]

2024-03-05T13:27:41-05:00March 5th, 2024|RDN News Feed|

Car ADAS Solutions calibration certification now I-CAR accredited

Car ADAS Solutions’ ADAS Calibration Technician Certification Program has been qualified by I-CAR for Industry Training Alliance course credits, becoming one of more than 20 partners nationwide. Car ADAS Solutions’ program was developed in 2020. [...]

2024-03-05T13:27:09-05:00March 5th, 2024|RDN News Feed|

Canadian small businesses say operational costs, taxes and health care regulations need work

Nearly all Newfoundland and Labrador Province small businesses cite the cost of doing business as their top legislative priority this year followed by taxes (83%) and health care (78%), according to a recent survey by [...]

2024-03-05T13:26:37-05:00March 5th, 2024|RDN News Feed|

Drivers spend 20% of income on car-related expenses, can’t afford repairs

On average, drivers spend 20% of their monthly income on car-related expenses, such as repairs, maintenance, insurance premiums and auto-loan payments, according to a MarketWatch Guides survey.  The survey also says nearly 2 in 5 drivers [...]

2024-03-05T13:26:05-05:00March 5th, 2024|RDN News Feed|

AI solutions for insurers and repair facilities helped CCC grow in 2023

CCC’s advancements in AI solutions for insurers and repair facilities helped it end 2023 with $886.5 million in revenue for 2023, an 11% increase from 2022, according to its final fiscal year results and earnings call.  [...]

2024-03-04T13:26:24-05:00March 4th, 2024|RDN News Feed|

Despite more stringent IIHS criteria 71 vehicle models qualify for awards

Thanks to updates made to back seat passenger and pedestrian crash avoidance system evaluation criteria it will be harder this year for automakers’ vehicles to earn the Insurance Institute for Highway Safety (IIHS)’s Top Safety [...]

2024-03-04T13:25:53-05:00March 4th, 2024|RDN News Feed|

Volvo introduces safety tech to alert drivers of accidents ahead

Volvo will soon start integrating European vehicles with safety technology that alerts drivers of accidents ahead, a recent press release says. Accident Ahead Alert will use real-time data from traffic management centers to inform drivers [...]

2024-03-04T13:24:49-05:00March 4th, 2024|RDN News Feed|

CIF collecting dollar-for-dollar donations for tech severely injured in collision

The Collision Industry Foundation (CIF) is raising money for Gary Noble, a collision repair technician who has been out of work for 15 weeks as he recovers from a major car crash. Noble lives in [...]

2024-03-01T13:27:44-05:00March 1st, 2024|RDN News Feed|
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