Louisiana HB 522, expands the term “service contract” to “include a contract or agreement for the repair of chips or cracks in or the replacement of motor vehicle windshields as a result of damage caused by road hazards.”
The bill was sent to the governor for executive approval on May 18.
Bermuda-based insurers and reinsurers are making moves to hold their own after the U.S. effectively smacked down a big tax advantage they used to have.
Minnesota makes changes to its Statutes related to Vehicle Service Contracts and adds language for Ancillary Programs.
The California legislature will begin reviewing a new franchise bill on Monday, April 23 – potentially impacting Dealer and Factory Competition, Spinoffs and Affiliates & Warranty Reimbursements.
APCO Holdings, home of the EasyCare®, GWC Warranty, Covideo® and SAVY® brands, has named David Vickers as the company’s new chief financial officer.
Westlake Financial Services announces a new partnership with AUL Corp. (AUL), the nation’s premier warranty and vehicle service contract administrator. Bringing nearly 30 years of experience, AUL will now provide back-end servicing in 19 states for Secure One®, Westlake’s vehicle protection program.
Article from Sean Murphy (Director, Product Development at Fortegra) listing three valuable service contract benefits.
At retail the US Consumer Service Contract Industry is approximately $53.7b
Breakdown by Segment Chart: http://warrantynews.com/wp-content/uploads/2018/03/Industry-Overview.png
Source: Personal Safeguards Group, LLC
Accomplishment Establishes AUL as One of the Top Independent Vehicle Service Contract Providers in the Nation.
Great article outlining common F&I practices that will put your dealership at risk.