Jacksonville, Fla. — (December 1, 2014) — Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance, technology and transaction services to the real estate and mortgage industries, today announced the signing of a definitive agreement to acquire BPG Holdings, LLC (“BPG”), a recognized leader in home warranty, home inspection services and commercial inspections. Closing of the transaction is subject to regulatory approval, including the State of California Department of Insurance.
Category Archives: Home Warranty
HomeServe to Offer Exterior Water and Sewer Service Line Emergency Protection Plans to Sioux City Residents in Partnership with City of Sioux City
HomeServe USA (HomeServe), a leading provider of home emergency repair service plans, today announced the details of its new agreement with City of Sioux City Public Works to provide optional home emergency protection plans to Sioux City residents.
Full Release: http://www.businesswire.com/news/home/20141120006117/en/HomeServe-Offer-Exterior-Water-Sewer-Service-Line#.VHN855PF_K4
Illinois Dept of Insurance Warns Consumers Not to Conduct Business with Certified Warranties Corporation
***CONSUMER ALERT***
Dept of Insurance Warns Consumers Not to Conduct Business with Certified Warranties Corporation
CHICAGO – October 22, 2014. The Illinois Department of Insurance (DOI) is alerting consumers that an unlicensed company doing business in Illinois as CERTIFIED WARRANTIES CORPORATION, with addresses in Lombard and Oakbrook Terrace has been issuing, selling or offering for sale home warranty service contracts in violation of the financial and registration requirements of the Service Contract Act (215 ILCS 152/1 et seq.). The company’s website now claims that “CERTIFIED WARRANTIES CORPORATION HAS SUFFERED FINANCIAL DIFFICULTIES AND HAS FILED BANKRUPTCY.”
Professional Warranty Service Corporation Names Gale Sommers as Chief Executive Officer
Professional Warranty Service Corporation (“PWSC”), a leader in new home warranty products, warranty administration and risk management solutions to America’s top builders, announced the appointment of Gale Sommers as Chief Executive Officer.
Full Article: http://www.heraldonline.com/2014/11/14/6528030/professional-warranty-service.html?sp=/100/773/385/
HomeServe USA signs an Agreement with AARP
November 4, 2014 – HomeServe plc announced today the further development of its US operation, HomeServe USA, with the signing of an affinity agreement with AARP.
Marty Wick Named President, ServiceMaster Franchise Services Group
October 31, 2014
ServiceMaster announced that it has realigned its Franchise Services Group under the leadership of American Home Shield president Mark Barry. Barry will lead both American Home Shield and the Franchise Services Group as group president, though the two businesses will continue to operate separately.
Westar Energy Partners with HomeServe to Offer Emergency Repair Plans
Westar Energy is partnering with HomeServe USA to offer residential customers optional service plans offering protection against repairs to household electrical systems.
Full Press Release: http://www.businesswire.com/news/home/20141028006198/en/Westar-Energy-Partners-HomeServe-Offer-Emergency-Repair#.VFEt65PF_K4
American Home Shield Launches New Real Estate Home Warranty Plans
American Home Shield Launches New Real Estate Home Warranty Plans
Plans simplify sales process, provide valuable protection to buyers and sellers
MEMPHIS, Tenn. (Oct. 15, 2014) – American Home Shield, the leader in the home warranty industry, today announced its launch of three new, easy-to-understand real estate plans geared exclusively toward protecting major home appliances and system components during and after real estate transactions. With high across-the-board coverage levels, attractive pricing and items logically grouped based on what is most popular among homeowners, company officials characterize the redesigned product line as a “game changer” in the real estate community.
Full Press Release from ServiceMaster: http://www.servicemaster.com/media-center/press-releases/american-home-shield-launches-new-real-estate-home-warranty-plans
Mid-Year Service Contract Report from Warranty Week
Consumers will pay nearly $40 billion this year for product protection plans…
Full Article: http://www.warrantyweek.com/archive/ww20141009.html
EFG Companies Launches a New Product for Insurance Agents to Generate Significant Commissions
EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today announced Simplicity Home Protection®, a new home warranty product for insurance agents aiming to overcome pricing pressure from carriers while increasing commissions.
Full Release: http://www.efgcompanies.com/media/62543/simplicity_home_warranty_release_final.pdf