Jimmy Patronis announced an investigation by the Florida Department of Financial Services’ Division of Agent and Agency Services into nationwide vehicle service contract company CarShield for deceptive sales practices in Florida.
Full Article: https://www.mysuncoast.com/2024/08/21/cfo-jimmy-patronis-announces-investigation-into-carshield-deceptive-sales-practices/
The New Hampshire Insurance Department announced the passage and signing into law of SB515, legislation designed to enhance consumer protection through revised requirements for consumer guarantee contracts.
Full Release: https://www.insurance.nh.gov/news-and-media/new-hampshire-insurance-department-announces-passage-sb515-enhanced-consumer
Blink Charging Company has partnered with EVSTAR to introduce an extended warranty for Blink’s U.S. customers.
Full Article: https://theevreport.com/blink-and-evstar-launch-5-year-ev-charger-warranty
FOR IMMEDIATE RELEASE
August 8, 2024
LOUISVILLE, KY — Ironwood Warranty Group (IWG) is pleased to announce that HeadStart Warranty Group, a national warranty provider focused on home protection programs for consumers, has joined its growing list of clients. Ironwood Warranty Group will provide HeadStart with insurance and regulatory support that will enable them to expand their footprint to sell and market their warranty programs nationwide. Ironwood Warranty Group’s subsidiary, National Service Alliance (NSA), will provide Headstart with access to NSA’s proprietary integrated tech platform, IRIS. Connected to NSA’s national home service network, IRIS gives Headstart access to real-time data and tools to more easily and efficiently administer their home warranty programs.
FOR IMMEDIATE RELEASE
August 8, 2024
LOUISVILLE, KY — Ironwood Warranty Group has added Guard Home Warranty to its growing list of clients. Guard is a home warranty business with a focus on making the customer’s experience as painless as possible, protecting families from untimely and expensive repair or replacement costs to essential appliances and mechanical systems including HVAC repairs, appliance replacement, electrical issues and much more. Ironwood Warranty Group is providing insurance backed warranty and obligor support services, and the expertise to develop and gain approval of customized customer terms that allow homeowners to select the repair service they wish to use.
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Service Contracts, Limited Warranty, and Specialty Insurance and Service Programs
The site includes example uses for Service Contracts, Limited Warranties, Specialty Programs, and Service Programs, as well as example CLIP structures, profit participation options, and an example rate builder.
A CLIP is a great way to address regulatory and compliance requirements for Service Contracts. OEMs also use CLIPs to transfer risk off their balance sheets for their limited warranty programs. In addition, CLIPs are often an effective method to support service-oriented programs, including certain travel, event, and waiver programs.
View the site at https://contractualliabilityinsurance.com
ContractualLiabilityInsurance.com is a property of © Meramec Secure, Inc.
Transform your customer experience with our PCRS administration software’s customizable payment schedules. Offer home warranty plans with a variety of convenient options that reduce upfront costs and attract more buyers. Expand your product offering and meet the needs of all customers, regardless of their financial situation.
Read the entire article: New Home Warranty Feature: Flexible Installment Plans (pcmicorp.com)
September 23-25, 2024, Palmer House Hilton, Chicago, Illinois.
This year’s event takes a deep-dive into new frontiers in extended warranty and service contract innovations!
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Frontdoor acquiring leading provider of new home structural warranties;
Increases Frontdoor’s customers, revenue and earnings;
Opens new sales channel for home warranties;
Diversifies portfolio into an adjacent and growing category
Full Release: https://www.businesswire.com/news/home/20240604637675/en