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Source: Automotive Body Repair News

Farmers completes acquisition of 21st Century Insurance

July 2, 2009

The Farmers Insurance Group of Companies completed its $1.9-billion acquisition of 100 percent of AIG's U.S. Personal Auto Group, which includes 21st Century Insurance. The acquisition also includes the former AIG Direct business and Agency Auto business.

Source: Automotive Body Repair News

Congress targets federal regulation of insurers, repeal of antitrust exemption

July 2, 2009
By:James E. Guyette

Two measures pending before Congress that call for heightened federal supervision of the insurance industry appear to reflect an increasing ire among lawmakers over the business practices of certain carriers. Part of the anger stems from the AIG situation and other “financial shenanigans,” and there remains festering frustration dating back to the alleged lack of adequate settlements for homeowners who suffered losses during Hurricane Katrina.

Source: Automotive Body Repair News

Mitchell releases Ultramate7

July 2, 2009

strong>SAN DIEGO - Mitchell International released UltraMate 7, a collision estimating solution for insurers and collision repairers that is designed to be easy to use and to improve the estimating process and lay the foundation for future estimating innovation.

Source: Automotive Body Repair News

Diamond Standard issues statement on the safety of aftermarket parts

July 2, 2009

Diamond Standard Manufacturing Group has issued the following press release regarding the safety of aftermarket replacement parts.

Source: Automotive Body Repair News

New York repairers speak out on steering, airbags and non-OE parts

July 1, 2009

Mike Orso, president of the New York State Auto Collision Technicians Association (NYSACTA), and Ed Kizenberger, NYSACTA executive director, addressed steering, airbag record keeping and imitation parts, model legislation topics that will be discussed during next week’s meeting of The National Conference of Insurance Legislators (NCOIL). For more information on the legislation, visit www.ncoil.org.

Source: Automotive Body Repair News

Report from 4th Annual Midwest Collision Industry Forum

July 1, 2009

ODESSA, Mo. - AASP of Missouri, ASA MOKAN and SCRS MOKAN completed the 4th Collision Industry Forum for the Midwest on June 17, 2009 in Columbia, Mo.

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