Category Archives: Automotive

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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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

Winners of 2020 Dealers’ Choice Awards Announced

For 16 years, the program has recognized the industry’s best vendors, suppliers, and finance partners.

Source: https://www.autodealertodaymagazine.com/362669/winners-of-2020-dealers-choice-awards-announced

The winners of the 2020 Dealers’ Choice Awards are:

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NATIONAL AUTO CARE ACQUIRES EXCEL AUTO PARTNERS

(PONTE VEDRA BEACH, Florida, August 2020) – Tony Wanderon, CEO of National Auto Care, and Sharron Anania, the principal of Excel Auto Partners (Excel) today announced that National Auto Care has acquired the assets of Excel Automotive Partners.

Excel is an independent automotive finance & insurance agency based in North Carolina that has successfully driven profits for its dealership clients since the agency’s founding in 2012.

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Check out what’s going on at the Service Contract Association with new presentations, new videos, new events, new career postings, new links & new companies listed in the directory

The Service Contract Association is where companies showcase differentiation and innovation.

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