Cash for Clunkers Bringing Cash to Insurers
New car purchases inspired by the government’s Cash for Clunkers program could yield about $375 million for the insurance industry. Bloomberg.com reported that the nearly 700,000 new vehicle sales inspired by the program will cause insureds to upgrade or sign up for new policies with coverage that’s better than what they had for their traded-in
Claim Delays, Denials Top List of Consumers’ Insurance Gripes
Insurers’ handling of claims has put a thorn in consumers’ collective side this year, with delays, denials and unsatisfactory settlements or offers taking the top three spots on the National Association of Insurance Commissioners’ (NAIC) recently released list of consumer complaints. The NAIC’s list, compiled from data from state insurance departments, shows that claim delays
STRANGE BUT TRUE: Body Shop Saves the ‘Dog Days’
The body shop at Bill DeFouw Chevrolet in Lafayette, Ind., is accustomed to working on four-wheeled – not four-legged – objects. But that didn’t stop the shop from repairing 15 four-legged works of art to save the town’s summer celebration. The creatures in question – life-sized, hand-painted, fiberglass statues of dogs – were set up
STRANGE BUT TRUE: Body Shop’s Loaner Becomes Sinking Ship
A devoted dog owner in Port Huron, Mich., could be in hot water after losing a 1994 Buick loaned to him by a local body shop in some very icy water last Tuesday evening. Nathan Seely, 31, was driving up and down the frozen Black River looking for his missing dog, but things went south
Get Stuck on Adhesive Bonding
When used in conjunction with welding, adhesives can provide
a better repair than welding or adhesives alone.
Founder of Maaco and Aamco Dies
Anthony A. Martino, founder, chairman and CEO of Maaco Collision Repair & Auto Painting, passed away on Jan. 27. He was 75 years old. Martino began his career in 1959 with a repair shop specializing in automatic transmission repair. He named his company Aamco Transmissions, an acronym for Anthony A. Martino & Co., and began