The FTC is sending payments totaling more than $3.3 million to customers of Passport Auto, a Washington D.C.-area auto dealer.
Full Article: https://usedcarnews.com/index.php/component/k2/item/4780-ftc-sends-3-3-million-to-consumers-over-illegal-junk-fees
April 18-19, 2023, at the Hyatt Regency Long Beach, California
Hear top industry leaders discuss tools and strategies for cross-functional, data-driven new product development, customer service to expand market share and ensure compliance. The all new agenda features riveting case studies and timely panel discussions. Plus, you’ll want to participate in the always-popular industry-specific roundtable discussion groups and hot off the press market news flashes from Warranty Week.
To register and view the schedule of events, please visit: www.globalwarrantyinnovations.com. Use the WarrantyNews discount code: WN300 for $300 off while available.
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WICHITA, Kansas – Assistant District Attorney Jason Roach is sounding the alarm on a scam going around Wichita and says this one might be hard to spot even for a trained eye.
Roach says the scammers take time to do research and write the home warranty renewal letters with information specific only to you.
Source: KAKA.com
Full Article: https://www.kake.com/story/48266857/national-home-warranty-scam-hits-wichita-da-warns-it-seems-very-real
Comprehensive Press Release from Nevada related to Service Contracts
Ohio Attorney General Dave Yost announced he is suing a phony home warranty company and its administrator for misrepresentation and immoral business practices.
By Brian Casey, Theodore Augustinos, and Alex Cox
Four years ago, the California Consumer Privacy Act[1] created a new, rigorous regulatory and data processing environment for businesses processing personal information of California residents.
However, many questions about the implementation of the CCPA, and its amendments through the voter ballot initiative of the California Privacy Rights and Enforcement Act of 2020,[2] still abound.
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This year the 13th Annual Extended Warranty & Service Contract Innovations will be the best yet with the most comprehensive industry analyses and case studies! Scheduled for October 17-18, 2022, at the Renaissance Nashville Hotel, live in Nashville, Tennessee, this highly acclaimed, cross-industry event covers innovations in customer service, new product development, data & technology, operations, marketing & sales, legal & regulatory, finance & insurance.
Register today at: https://www.warrantyinnovations.com.
The following agenda highlights has been updated with exciting new sessions and speakers:
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By Brian T. Casey, Theodore P. Augustinos and Alexander R. Cox
The Federal Trade Commission (“FTC”) has recently supercharged the Gramm-Leach-Bliley Act’s Safeguards Rule for financial institutions under its jurisdiction. The Safeguards Ruleimposes data security standards for consumer nonpublic person information obtained and created by financial institutions subject to the FTC’s Gramm-Leach-Bliley Act jurisdiction. The FTC finalized its proposed update to the Safeguards Rule on October 28, 2021, which was originally published for rule-making in March 2019 and then further developed during an FTC workshop in July 2020. After a lengthy gestation period, the new revised rule became effective January 10, 2022, and requires compliance by December 9, 2022.
This is only a very small extract of this article regarding this important topic.
The Full Article is available at: https://warrantynews.com/wp-content/uploads/2022/09/ARTICLE_New-Federal-Trade-Commissions-Safeguards-Rule-7-2022.pdf
The Federal Trade Commission rejected request by the National Automobile Dealers Association, National Association of Minority Automobile Dealers and American International Automobile Dealers Association for more time to comment on the agency’s proposed rules on their industry’s advertising and F&I practices.
Full Article: https://www.autonews.com/finance-insurance/ftc-rejects-requests-nada-others-more-time-comment-car-dealer-rules
This year’s all-new agenda takes a deep dive into new frontiers in extended warranty and service contract innovations!
Event Highlights Include:
Comprehensive coverage of the full spectrum of your extended warranty & service contract business includes: Customer Service, New Product Development, Disruptive Technology, Marketing & Sales, Legal & Regulatory, Finance & Insurance.
For more information and to register: https://www.warrantyinnovations.com/index.php