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National Auto Care Acquires Coffeen Management Company

(PONTE VEDRA BEACH, Florida, October 2020) – Tony Wanderon, CEO of National Auto Care, and Henry Coffeen, the founder of Coffeen Management Company today announced that National Auto Care has acquired Coffeen Management Company (CMC).

CMC is an independent automotive finance & insurance agency based in Texas that has successfully driven profits and provided expert assistance for dealer performance since its founding in 1987.

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National Auto Care Acquires Assurance Marketing, Inc.

(PONTE VEDRA BEACH, Florida, October 2020) – Tony Wanderon, CEO of National Auto Care, and Danny and Cory Baze, the principals of Assurance Marketing, Inc., today announced that National Auto Care has acquired Assurance Marketing, Inc. (AMI).

AMI is an independent automotive finance & insurance agency based in Oklahoma that has provided quality finance and insurance products, services, and training to automobile dealers for 30 years.

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Kingsway to Expand Portfolio of Warranty Holdings with Acquisition of PWI Holdings, Inc.

Subsidiaries include Preferred Warranties, Inc., Superior Warranties, Inc., Preferred Warranties of Florida, Inc., and Preferred Nationwide Reinsurance Company, Ltd.

Full Release: https://www.prnewswire.com/news-releases/kingsway-to-expand-portfolio-of-warranty-holdings-301150691.html

Unlicensed ‘Vehicle Service Contract’ Business Ordered to Cease and Desist

California Department of Insurance Investigates VSC Company

The Insurance Commissioner’s office is still investigating, but so far 1,044 Californians were found to have paid a total of $2.3 million in extended vehicle repair contracts that were sold outside the state’s insurance rules. Seven people in Santa Barbara County were on Commissioner Ricardo Lara’s list as having bought the policies, which ranged in price from $1,300 to $2,600.

Full Article: https://www.independent.com/2020/10/12/unlicensed-vehicle-service-contract-business-ordered-to-cease-and-desist/

Automating Dealership Payments Webinar

Hosted by PCMI + Infintech

PCMI is bringing automated payment processes to another level! Join us for a conversation with Infintech‘s Matt Valego as we discuss how our integration simplifies and automates payments between dealers and administrators. We’ll be covering:

– Enhanced payment processes
– Online status updates
– Secure transaction monitoring

Oct 22, 2020 11:00 AM in Central Time (US and Canada)

Registration Link: https://us02web.zoom.us/webinar/register/3916020070176/WN_6NJra_oTRjKgMvJH7YtSew

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5th Annual Automotive Warranty Management Summit

Digital Event October 27-28, 2020

We are pleased to announce the fully livestreamed event AGENDA redesigned to deliver the same high quality content, roundtables and networking we are known for to best serve your new needs!

Join to hear this year’s featured speakers from American Honda, Ford Motor Company, BMW, Hyundai, Nissan, NADA, DRiV, Volkswagen, MIZE, We Predict, AIAG ……

Automotive Warranty Management Summit 2020 agenda

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Mize to Present Service Lifecycle Management at the Extended Warranty and Service Contracts Innovations Conference

Mize, provider of the Connected Customer Experience Platform and Service Lifecycle Management software, announced today that its leadership is presenting at the 11th Annual Extended Warranty and Service Contracts Innovations Conference, October 13 – 15, 2020.  The virtual event will provide comprehensive coverage of the full spectrum of extended warranty and service contract businesses, emphasizing new trends and technologies to enable service team empowerment, increasing revenue streams, and improving customer experiences.

Full Release: https://www.prnewswire.com/news-releases/mize-to-present-service-lifecycle-management-at-the-extended-warranty-and-service-contracts-innovations-conference-301150302.html

Protective to Acquire Revolos; Adding Complementary Product Portfolio to Asset Protection Division

Revolos (formerly INDS, Interstate National, NWC, and PIPI companies) is a Finance & Insurance solutions provider that offers producers over 40 years of experience.

Full Press Release: https://www.businesswire.com/news/home/20200925005248/en/Protective-to-Acquire-Revolos-Adding-Complementary-Product-Portfolio-to-Asset-Protection-Division

AM Best Affirms Credit Ratings of Fortegra Financial Corporation’s Insurance Subsidiaries

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of the U.S.-based operating subsidiaries of Fortegra Financial Corporation (Fortegra) (headquartered in Jacksonville, FL). 

Full Release: https://www.businesswire.com/news/home/20200916005931/en/AM-Best-Affirms-Credit-Ratings-of-Fortegra-Financial-Corporation%E2%80%99s-Insurance-Subsidiaries