Category Archives: Automotive

PSG launches Home and Auto Deductible Reimbursement Programs

Personal Safeguards Group, LLC, a leading specialty insurance and warranty advisory and brokerage firm, launches a new Auto and Home Deductible Reimbursement Insurance solution for Affinity Marketers, OEMs, Financial Services firms and Sellers.

Auto Deductible Reimbursement Insurance

Home Deductible Reimbursement Insurance

Interstate National Corp. Promotes Two Executives

Interstate National Corp. has promoted Breanne Morley to president and Brian Becker to executive vice president and chief sales and marketing officer.

Press Release:  https://www.pehub.com/2017/03/pe-backed-interstate-national-promotes-two/#

NIADA names GWC a National Corporate Partner

Leading provider of used vehicle service contracts and other F&I products has once again been named a Bronze Level National Corporate Partner of the National Independent Automobile Dealers Association.

Source:  http://www.autoremarketing.com/financial-services/niada-names-gwc-national-corporate-partner

National Auto Care Names Steve Verney as CFO

National Auto Care today announced the appointment of Steve Verney as the company’s Chief Financial Officer, leading the finance, accounting and reinsurance teams.

Source:  http://nationalautocare.com/dealer/news/steveverney

Vehicle service contract seller accused of failing to pay

Marathon Administrative is suing a vehicle service contract seller for allegedly retaining funds and failing to pay.

Source:  http://madisonrecord.com/stories/511080894-vehicle-service-contract-seller-accused-of-failing-to-pay

EFG Companies: F&I Industry Faces Murky 2017

EFG Companies executives believe regulatory rollback, plateauing sales, rising interest rates, and the push to change the in-dealership experience clouds the F&I industry’s future.

Source:  http://www.fi-magazine.com/news/story/2017/01/efg-companies-f-i-industry-faces-murky-future.aspx

Fortegra Introduces Sanjay Vara as Executive VP and Chief Underwriting Officer

Vara brings nearly 30 years of experience to Fortegra’s specialty programs underwriting division

JACKSONVILLE, Fla. (January 24, 2016) – Fortegra®, a leading specialty insurer and a subsidiary of Tiptree Financial Inc. (NASDAQ: TIPT), today announces the addition of Sanjay Vara as Executive Vice President and Chief Underwriting Officer for Consumer Products. Sanjay will continue to expand the scope of programs underwritten through Fortegra, and work to grow the company’s international presence.

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Product Warranty Insurance

Product Warranty Insurance may help companies seeking options to offer clients a longer product limited warranty versus their traditional warranty.  Product Warranty Insurance or a Service Contract program may offer a solution to increase the warranty – yet transfer the risk to an insurance company or service contract provider.

Source:  http://productwarrantyinsurance.com

Criminals target Wisconsin consumers with auto ‘warranty’ robocalls

The Wisconsin Department of Agriculture, Trade and Consumer Protection has received a number of calls and written complaints from consumers about auto warranty sales calls…

Article:  http://www.superiortelegram.com/news/wisconsin/4195157-criminals-target-wisconsin-consumers-auto-warranty-robocalls

Limited Warranty, Product Warranty Insurance & Service Contract Solutions

Membership based Limited Warranty Solutions for Internet of Things (IOT) Smart Devices & Connected Devices

Source:  http://productwarrantyinsurance.com