Effective July 27, 2025, Washington State will allow service contract providers to use multiple reimbursement insurance policies (CLIP) as forms of indemnity.
Service contractor providers may now use more than one reimbursement insurance policy (CLIP) as a form of indemnity. A service contract must be insured by only one CLIP. You can’t insure the same service contract on more than one CLIP; however, you can use multiple CLIPs to cover the same category of service contract.
SellMore Protection, a forward-thinking leader in F&I tech, is excited to announce the
official launch of its next-generation F&I product platform – a modern, dealer-first solution designed to drive more revenue, streamline operations, and enhance the customer experience.
Built from scratch with real-world challenges in mind, the platform gives dealerships and TPAs the edge they need to grow faster and sell smarter. Whether your goal is to increase penetration, improve PVR, or simply close more post-sale opportunities, SellMore delivers the tools to make it happen.
Continue readingOctober 27-29, 2025, The Drake, Chicago, Illinois
The next evolution in warranties and service contracts is here—are you ready? From vehicles and home to mobile, electronics, and appliances—this year’s event is packed with innovations. Join us for The 16th Annual Extended Warranty & Service Contract Innovations, www.warrantyinnovations.com scheduled for October 27-29, 2025, The Drake, Chicago, Illinois.
Warranty News readers use promotion code WN300 for $300 off!
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Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year
The warranty covers the engine, transmission, transfer case, driveshafts, differentials and axles for 10 years or 100,000 miles, whichever comes first
It replaces Ram’s current five-year or 60,000-mile warranty, which is relatively standard for full-size pickup trucks across the automotive industry
Full Article: https://www.cnbc.com/2025/06/18/ram-pickup-truck-warranty.html
Mosaic Compliance Services announced the launch of AuditF&I, a new continuous monitoring solution designed to help dealers confirm and document compliance with state and federal requirements.
CLEARWATER, Fla. — June 17, 2025 — Mosaic Compliance Services has launched AuditF&I, a new continuous monitoring solution for U.S. auto, RV, motorcycle, powersports and marine dealerships.
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Settlement of a class action lawsuit related to claims that certain Nissan models were equipped with defective CVTs.
Full Article: https://www.globalvillagespace.com/tech/nissans-cvt-settlement-cash-for-owners-big-win-for-lawyers/
Endurance Vehicle Services has partnered with Old Republic International to enhance its underwriting and risk management resources.
A major milestone for AI-SWLM Think Tank, this turn-key AI solution was shaped by collaborative industry insights at MAPconnected Vehicle Service & Warranty Lifecycle Network’s recent spring study with Bridgestone Americas in Nashville.
ATLANTA–(BUSINESS WIRE)–Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world’s leading brands, today announced a partnership with Ciocca Automotive, a growing automotive group with 54 dealerships spanning New Jersey and Pennsylvania. Through this collaboration, Ciocca Automotive now offers multiple Assurant vehicle protection products designed to protect their customers’ new and used vehicle purchases.
The law was initially passed in 2024, and the changes to New Hampshire’s Consumer Guaranty Contracts (service contract law) took effect January 1, 2025.
Obligors must now file all service contract language with the state insurance department and submit annual reports listing all administrators and sellers.
The Service Contract forms (Terms and conditions) must be filed via the System for Electronic Rates & Forms Filing (SERFF). According to the release, there are no NHID fees associated with these SERFF filing submissions. The NHID will review these forms to ensure they meet the required standards and do not include terms that are contrary to the public interest or misleading.
Original State Release: https://www.insurance.nh.gov/news-and-media/new-hampshire-insurance-department-announces-important-updates-consumer-guaranty
Original Bulletin: The bulletin may be found on the NHID website at https://mm.nh.gov/files/uploads/nhid/documents/bulletin-consumer-guaranty-contracts-20241022.pdf
This reminder is courtesy of TPA in a Box℠, a Meramec Secure®, Inc. property.