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I-CAR last month announced 961 new collision repair industry facilities achieved Gold Class the very first time in 2021, bringing the total number of credentialed shops to 8,880. Nearly 22 percent of the industry now carries this status, according to I-CAR. “This continued growth is important as it boosts the...

Driven Brands a week ago announced same-store sales in its Paint, Collision & Glass segment including CARSTAR, Fix Auto USA, ABRA, Maaco and Uniban fell 9.4 percent compared to the first quarter of 2021. However, CEO Jonathan Fitzpatrick told an April 28 earnings call that compared to industry metrics, “you...

The electric vehicle manufacturer Rivian says it'll offer its own auto insurance for its inaugural R1T truck and R1S SUV, which begin deliveries this summer. The OEM said customers would find it easy to obtain a quote when buying a Rivian, also it intends to provide a discount automatically in...

The Alliance of Automotive Service Providers of Massachusetts announced a position statement stressing it would represent both direct repair program and non-DRP shops but called DRP conditions “a detriment” along with a possible liability risk. “AASP-MA is a pro-consumer association representing all collision repairers and mechanical repair shops, regardless of...

The Texas House of Representatives on Friday voted 91-50 in favor of an invoice requiring insurers to include appraisal clauses within their auto policies. House Bill 2534, if went by the Senate and signed into law, would require that language to declare that the loser covers most or all of...

Assured Performance’s Canadian subsidiary Certified Collision Care on Wednesday announced it would manage certified Hyundai and Genesis auto body repair networks for the reason that country. Certified Collision Care already manages networks for multiple other Canadian OEMs, including Hyundai and Genesis sister company Kia. Repairers already on such programs should...

A Texas public adjuster’s data from a lot more than 700 Texas total loss appraisal clause proceedings show insurer estimates of customer vehicle value were typically around $3,500 too low. On the whole, the insurers might have collectively underpaid customers by more than $2.Six million with their original purports to...

Data from 46 appraisal clause process outcomes shared with a Texas public adjuster a week ago found insurers’ offers would have left customers short of the total amount needed to fix their vehicles by typically $5,312.46. Had the consumers not went through appraisal process, the insurers could have incorrectly underpaid...

In a large number of discussions with shop owners over the past 4 months, there is a marked divergence among MSOs about their plans for the future. Lots who have a strong rebound in revenues, have strong balance sheets and managed their expenses throughout the pandemic have embarked on more...

CCC CEO Githesh Ramamurthy a week ago said the company likely to see adoption of its artificial intelligence tools “become even more widespread” following the launch of CCC Estimate-STP. Ramamurthy told a first-quarter earnings call that CCC has offered artificial intelligence for a long time “and therefore are seeing rapid...