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Tag Archives: COVID-19 pandemic
Labor Shortage: Industry Loses 14% of its Technicians in Two Years
The auto glass industry’s 700,000 technicians in 2020 were reduced to 600,000 in 2022, according to Robert C. Dauffenbach, senior associate dean for economic development at the University of Oklahoma. Dauffenbach says the 14% decline presents an opportunity for the … Continue reading
How Inflation Can Affect Car Insurance Rates
The effects of inflation facing companies and consumers alike may also cause your car insurance rates to rise when it is time to renew your policy. Like many other financial obligations, car insurance is an expense that’s facing pressure due … Continue reading
Posted in glassBYTEs Headlines
Tagged 2022, auto glass, auto insurance rates, COVID-19 pandemic, inflation
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Boyd Group’s Year-End Report Shows Effects of Automotive Industry Challenges
In the Boyd Group Services Inc.’s fourth-quarter report and year-end report for 2021, president and chief executive officer Tim O’Day says in the first half of last year, the company showed “steady improvement” after the pandemic. The Boyd Group Inc. … Continue reading
Back to Business: Maine Auto Glass Shop Owner Recovers After COVID-19
Norman and Betty Jo Cash are thankful for the support of their auto glass and Windham, Maine communities. “I had a serious bout with COVID, but I’m doing remarkably well, considering,” says Norman, 53. He and his wife, Betty Jo, … Continue reading
Texas Auto Insurers are Planning Big Rate Hikes in 2022
If you’re a Texas driver who’s insured by one of the larger insurance providers, odds are your bills could be going up this year. Insurance companies plan to hike rates in 2022, and some companies are raising rates by more … Continue reading
Posted in glassBYTEs Headlines
Tagged 2022, auto glass, auto insurance, COVID-19 pandemic, Texas
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Arizona Auto Insurance Rates Climb as Driving Rebounds from Pandemic
After giving customers premium credits and refunds in 2020 as people stayed home and insurance claims plummeted due to the COVID-19 pandemic, auto insurers are raising rates to help cover higher claims costs driven by increased driving, higher repair costs … Continue reading
Posted in glassBYTEs Headlines
Tagged Arizona, auto glass, auto insurance, COVID-19 pandemic, Miles Driven, premiums
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AAA Foundation for Traffic Safety Study: COVID Driving Results Released
This study examined data from the AAA Foundation’s 2020 Traffic Safety Culture Index survey to investigate the relationship between respondents’ self-reported risky driving behaviors and changes in how much they drove during the first several months of the pandemic. Click … Continue reading
Car Insurance Rates ‘Aren’t Skyrocketing’ Despite 4% Annual Inflation
With inflation surging at the fastest pace in 40 years, consumers are feeling the pressure of higher prices behind the wheel. Motor vehicle insurance premiums rose 4% annually in January, which is slightly lower than the overall inflation rate of … Continue reading
Posted in glassBYTEs Headlines
Tagged auto glass, auto insurance, COVID-19 pandemic, inflation, insurance premiums
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Oklahoma Auto Shops Struggle with Increased Demand, Supply Chain Issues
The threat of more winter storms is a cause for concern from auto body shops across the metro. They say hailstorms in Norman last year, plus supply chain issues, have caused a major backlog at garages across Oklahoma. Click here to read … Continue reading
Drivers Wait for Months Without Vehicles as Supply Chain Issues Delay Car Repair Times
The COVID-19 pandemic continues to cause problems with the supply chain of several products, including car parts. Drivers are going months without their vehicles while they wait for car repairs due to the lack of car parts. Click here to … Continue reading
Posted in glassBYTEs Headlines
Tagged car parts, car repairs, COVID-19 pandemic, delays, supply chain issues
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Average Auto Insurance Rates in Michigan Increase Slightly, but are No Longer Highest in Nation
The average cost of auto insurance slightly increased over the past year as more drivers parked at home during the early months of COVID-19 returned to the roads — but Michigan no longer has the highest average rates in the … Continue reading
Posted in glassBYTEs Headlines
Tagged auto insurance, COVID-19 pandemic, Insurance Rates, Michigan, United States
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NAIC: Auto Insurers Earned Big Bucks in 2020 During Worst Economic Year of Pandemic
Private passenger auto insurers earned $250.6 billion in 2020 a report by the National Association of Insurance Commissioners (NAIC) determines. The NAIC Report on Profitability by Line by State notes that findings are not determinations of “whether current rates are … Continue reading
Posted in glassBYTEs Original Story
Tagged auto insurance, COVID-19 pandemic, NAIC, profits
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CES 2022 was the Best Auto Show in Years
CES has always been on the fringes of auto-show culture, but over the past few years, automakers have steadily given more and more priority to Las Vegas in January. Despite a number of setbacks in 2022, including media and vendor … Continue reading
Posted in glassBYTEs Headlines
Tagged auto shows, CES 2022, COVID-19 pandemic, January 2022, Las Vegas
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Pandemic or Not, Expect Higher Car Insurance Rates This Year
Back in 2020 when the Coronavirus was still novel and both business closures and work/learn from home mandates suddenly became the norm, auto insurance companies doled out special rebates and discounts to reflect the fact that Americans were driving far … Continue reading
Posted in glassBYTEs Headlines
Tagged auto insurance premiums, COVID-19 pandemic, mileage
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Thank You, COVID-19 Pandemic: Wacky Traffic Patterns Persist Amid Increasing Repair Costs
Distinctly different traffic patterns on U.S. roads and continued supply chain disruptions, as well as the rising costs of collision repairs are highlights of CCC Intelligent Solutions’ October 2021 the Continued and Forecasted Impact of the Pandemic on the P&C … Continue reading
S&P Report Forecasts Increasing Insurance Premiums, But Also Good News
A return to pre-COVID-19 pandemic travel on U.S. roads and the increasing costs of repairs and replacements is about to trickle down to automobile insurance companies. And then to insured drivers. The U.S. Auto Insurance Market Report, an annual report … Continue reading
A Second Quarter Rebound’s Not Enough to Make Up for Glass Maker’s First Quarter Pandemic Hit
While the COVID-19 pandemic continues to affect the NSG Group’s year-over-year revenue and operating profit comparisons, demand recovered significantly from the first to second quarter of 2021 due to global easing of lockdowns, according to the group’s FY2021 2nd Quarter … Continue reading
New Guidance Suggests Making Autonomous Vehicles Pandemic Proof
Zenzic (formerly Meridian), a company created by the UK government and automotive industry to focus on key areas in the global connected and self-driving sector, teamed up with Aurrigo, an autonomous company, to develop an industry-wide set of guidelines in … Continue reading