Big 4 Collision Repair MSOs Surpass 1000 Total Locations
ABRA, Boyd, Caliber and Service King see increased rate of growth in new locations during 2014. Unit growth in 2014 nearly triple 2012 expansion.
Lawsuits by Louisiana Attorney General and Crawford’s Consolidated in Florida
Despite opposition by plaintiffs in both lawsuits, the cases brought by the Attorney General of Louisiana and a Pennsylvania collision repair facility against automobile insurers should be consolidated with antitrust actions in Florida.
Permanent Injunction Issued against Commercial Speech Restrictions in Connecticut Glass Anti-Steering Suit
Connecticut Attorney General and Insurance Department will not enforce requirement for glass claim administrators to provide competitors names after selecting their business.
Collision Repair Industry Business Conditions: Q3 2014
Improvements in both sales and earnings slow down during the summer. Collision repair facilities reporting declining earnings and sales, however, set historic lows for the second quarter in a row.
Traffic Volume Increased 5.6 Billion Vehicle Miles in September
As gas prices continued to decline, all five regions in the U.S. report increased driving in September compared to 2013.
Collision Repair Industry Production Down in August
After five straight months of growth, Industry expansion stalls in August. Decline in hours worked offsets growth in production employment.
The Collision Repair Industry: A Private Equity Perspective
Maggie Todd, senior associate with TZP Group, details collision repair industry fundamentals driving interest by private equity firms, how repair business operators can benefit from investment and key considerations when considering private equity.
Automakers Announce Privacy Principles to Protect Vehicle Personal Data
Consumer advocates and the automotive aftermarket are cautioning that the newly announced principles don’t go far enough to protect consumer privacy and competition for repair services.
Incoming CIC Chairman Lays Out His Philosophies, Goals for the Conference
Randy Stabler, co-founder and president of Pride Collision Centers, will take the helm of the Collision Industry Conference in January.
Additional Antitrust Suits Filed Against Auto Insurance Companies
Ten additional suits have been filed by collision repairers and associations alleging antitrust violations by auto insurers.
Interview: Collision Industry Conference Chair George Avery
Avery details topics on the agenda at this week’s meeting in Las Vegas and reflects upon his two-year term as Chair of the conference.
New Antitrust Suits Filed Against Insurers in Michigan and Arizona; Price’s Collision Centers Opposes Consolidation with Antitrust Actions in Florida
Seven-location MSO’s suit against Progressive had been nominated as a potential tag-along to the collision repair facility antitrust suits already consolidated in Federal Court in Florida. Crawford and Louisiana opposition scheduled to be heard in December.
Illinois Supreme Court Justice Who Helped Overturn Aftermarket Parts Verdict against State Farm at Center of Election Controversy Again
Effort to get Justice Lloyd Karmeier voted off the court gains the financial support of Plaintiff Attorneys who could gain from reinstatement of judgments in class-action lawsuits.
Traffic Volume Improved Slightly in August
Three of five regions in the U.S. report increased driving in August compared to 2013.
Collision Repair Industry Production Up Through July
Industry expansion continues beyond winter months. Both production staff and average weekly hours worked have increased through the first seven months of 2014.
Length of Rental Climbs Modestly in Q3 2014
U.S. results above last year and average for the last five years. Canada continues stable trend.
Collision Claim Severity Up 6.6% in 2013
Data published by the Insurance Information Institute shows third consecutive year of rising collision severity. However, though increasing, severity remains below 2006 peak.
A Profile of the Evolving Collision Repair Marketplace
Our annual series by Vincent Romans and Mary Jane Kurowski examines the largest shop groups in the North American collision repair industry, their growing market share, and an analysis of the numbers.
Traffic Volume Up 1.5% in July
Four of five regions in the U.S. report increased driving in July compared to 2013.
UK Competition and Markets Authority Releases Final Report in Motor Insurance Probe
Report recommends ban of Most Favored Nation clauses by price comparison websites that prevent auto insurers from offering lower prices. Will not regulate insurance replacement car pricing.
Body Repair Prices, Auto Insurance and Inflation through August
Both auto insurance and body repair prices continue to increase faster than the rate of overall inflation through August 2014.
Appeals Court Grants Preliminary Injunction against Connecticut Glass Steering Law
The U.S. Court of Appeals for the Second District has overturned a lower court decision and has granted a preliminary injunction prohibiting the enforcement of Connecticut’s auto glass anti-steering law.
Collision Repair Industry Business Conditions: Q2 2014
Improvements in both sales and earnings continue. Collision repair facilities reporting lower earnings and sales hit historic lows.
Interview: Dan Risley, President and Executive Director of the Automotive Service Association
One year after announcing that the NACE | CARS Expo was moving from its traditional fall timeframe, the Automotive Service Association launched a revitalized Industry Week in Detroit. In our exclusive video interview, Risley discusses this year’s event and plans for next year.
MSO Acquisitions Alter the Competitive Landscape
Just last week, we provided an update of acquisition and new store activity by the largest multiple collision repair shop operators through Q1 2014. Monday’s acquisition activity by Boyd and Service King, stunning in its scope, continues to change the competitive landscape for collision repairers.
Collision Repairer Satisfaction Index
Repairers rate the claims handling
performance of the nation's 15 largest personal automobile insurers.