Tag: crisis

Collision Repair
Strategic Planning: AkzoNobel adjusts prices to counter shipping crisis, sees 19 percent revenue increase
Amsterdam, Netherlands — AkzoNobel has released its Q3 2022 financial results, reporting strong revenue gains thanks to price hikes outpacing expected losses from lower volume, higher material costs and global inflation. Specifically, the company has increased its revenue by 19 percent by increasing prices by 13 percent, justified as a way to offset increases in […]
October 21, 2022
akzonobel 102222
Collision Repair
‘Drastic action’ needed to fix ICBC’s financial crisis
By CRM Staff   Victoria, British Columbia — September 6, 2017 — Mismanagement of the Insurance Corporation of British Columbia (ICBC) “goes back years,” according to a statement from BC’s Attorney General David Eby. The statement came in the wake of news that the BC government is limiting ICBC rate increases for drivers, while embarking […]
September 6, 2017
BC's Attorney General, David Eby, recently outlined new initiatives he said would put ICBC on better financial footing. The initiatives include rate increases for motorists, as well as a plan to examine technology intended to reduce distracted driving.
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