April 2021 Southeast Edition

Page 22

Gerber Collision of Jacksonville, FL, and Esurance Donate Refurbished Vehicle to Family in Need Recently, a deserving Jacksonville, FL , family experienced a life-changing event—the presentation of a vehicle to provide them independence and the ability to work and take care of their families—thanks to Gerber Collision of Jacksonville, FL , and car donor Esurance, along with the National Auto Body Council Recycled Rides program. The presentation was held at Gerber Collision of Jacksonville. The deserving recipients were selected by Family Promise of Jacksonville. The recipients, J am es and S t ep hanie D uPont , were presented a 2016 Maz da CX 5 . The D uPonts are a hard-working couple that have struggled since COV I D -19 . James’ family lost their j obs, home and transportation due to this situation. He has a j ob now, teaching CPR, but struggles due to not having transportation. S tephanie also works, but must use U ber or L yft to get to work.

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Fewer Premiums in the segment’s combined ratio for 2020, from 9 4 .4 to 9 8 .8 . At the start of last year, personal auto insurers had been benefiting from a couple of years of positive underwriting and operating performance momentum. This re ected the robust risk-adj usted capitaliz ation of most writers and the positive impact of technology and data analytics on their underwriting, ratemaking and claims handling, AM Best said. These factors, along with the unexpectedly positive impact of COV I D -19 on auto travel, improved the sector’s profitability significantly. Twenty-one insurers generated

Having this car means James will be able to teach many more classes in areas not reached by the bus lines. Plus, the D uPonts can save money on U ber and L yft. They have continued to improve their situation, and this car donation allows them to be totally self-su cient. NABC Recycled Rides is a uniq ue program in which businesses representing all facets of the collision repair industry team up to repair and donate vehicles to individuals and families in need of reliable transportation. S ince the program’s inception in 2007 , members of the NABC have donated more than 2,6 00 vehicles valued at more than $ 36 million. Additional partners in the NABC Recycled Rides presentation included 1-8 00 Charity Cars. Source: N A B C

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more than $ 1 billion in private passenger auto direct premiums through the third q uarter. However, for 10 of those 21, their topline premium showed a decline compared with the prior-year period. Three experienced premium growth of 1% or less, and most of the sector’s leading auto insurers offered premium discounts, rebates or refunds during the COV I D -19 surge. U .S . roads are expected to remain less congested than normal for an indeterminate period in 2021, which could extend the favorable loss freq uency trend, AM Best said. However, cars traveling at faster speeds on less congested roads can cause more serious accidents, increasing the severity of claims. W e tha n k I n s ura n ce B us in es s Ma g a z in e f or rep rin t p erm is s ion .

Classic Collision Announces Second Multi-Shop Acquisition in Florida in the Last Month Classic Collision, L L C, a leading national multi-site collision repair operator based in Atlanta, announced its second multi-shop acq uisition in less than 30 days, with the acq uisition of both O rla n d o’ s Sup ercen ter A uto B od y R ep a ir locations in Orlando, FL . Classic Collision now has 20 Florida locations and operates 6 2 centers total in Georgia, Florida, Alabama, S outh Carolina and California. Orlando’s S upercenter Auto Body has been providing friendly and q uality repairs to the Orlando community for almost 20 years. Centrally located near Orlando I nternational Airport, now Classic Collision Orlando S upercenter and Classic Collision Orlando

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Airport will serve Orange and Osceola communities. “W e are excited to be part of Classic’s expansion into new markets and look forward to the opportunity to serve the community under the Classic name,” said K evin Beat t ie, former president of Orlando’s S upercenter. “Orlando’s S upercenter Auto Body has an impeccable reputation in Orlando and we are pleased to welcome all of the team members to the Classic Collision Family,” said T oan N g uyen, CEO of Classic Collision. “W ith this acq uisition, we enter a new Florida market and we continue to advance our presence and growth across the country.” Source: C la s s ic C ollis ion

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