The Iowa Insurance Division Publishes Consumer Guidance on Service Contracts

The Iowa Insurance Division has published consumer guidance on service contracts (motor vehicle and residential), emphasizing the need to research providers, coverage limitations, and claim processes; awareness is recommended due to persistent marketing via calls and mailers.

The Iowa Insurance Division regulates two types of service contracts: motor vehicle and residential service contracts, also known as home warranties.  The article lists websites a consumer may use to confirm a seller is licensed.

Full Article: https://iid.iowa.gov/consumer-connection/2025-07-02/july-consumer-connection-service-contracts

PROTECTALL™ APPOINTS CHRIS PENN AS PRESIDENT

August 15th, 2025 – PROTECTALLTM, a trusted leader in premium protection solutions,
proudly announces the promotion of Chris Penn to the position of President.

In his new role, Penn will assist with guiding the company’s strategic direction and market expansion, building on PROTECTALL’s reputation for exceptional customer service and cutting-edge product offerings. He will continue to focus on strengthening partnerships with retailers, expanding product innovation, and delivering value to customers globally.

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Tesla Launches Tire and Wheel Protection Plan in the U.S.

Tesla has introduced a new monthly subscription Tire and Wheel Protection Plan in the United States.

Full Article: https://driveteslacanada.ca/news/tesla-launches-wheel-and-tire-protection-plan-in-the-u-s/

Florida New Home Warranty Law

Effective July 1, 2025, this new statute [ Statute – 553.837 ] requires a new home builder to provide a warranty for a newly constructed home for at least one year.

This new statutory warranty states that the builder is required to warrant the newly constructed home for all construction defects of equipment, material, or workmanship furnished by the builder or any subcontractor or supplier resulting in a material violation of the Florida Building Code. 

Full Statute: https://www.flsenate.gov/Laws/Statutes/2024/553.837

2025 Vehicle Service & Warranty Lifecycle Summit Series

The BIG REVEAL is here! The countdown to the 2025 Vehicle Service & Warranty Lifecycle Summit Series has officially begun — and we’re kicking it off with the announcement of our first six speakers.

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Marubeni to Enter the Automobile Extended Warranty Business in Canada

Marubeni Corporation has invested in LGM Financial Services Inc., a Canadian provider of extended warranty products and claims processing for automobiles.

Full Article: https://www.marubeni.com/en/news/2025/release/00029.html

Brown & Brown, Inc. acquires the assets of Tire Shield

Brown & Brown, Inc. and Tire Shield, Inc. announce that Brown & Brown Dealer Services has acquired the assets of Tire Shield. The acquisition expands Brown & Brown’s administrative services for dealers and agents, providing tire and wheel road hazard products and GAP waiver products for the RV, Automotive, and Powersports industries

Full Release: https://www.globenewswire.com/news-release/2025/08/12/3132206/0/en/Brown-Brown-Inc-acquires-the-assets-of-Tire-Shield.html

Vehicle Value Protection Agreements (VVPAs) Gain Explicit Authorization Across Multiple States

The landscape for Vehicle Value Protection Agreements (VVPAs) in the United States is rapidly maturing, with a growing number of states enacting statutes that explicitly authorize the sale of these innovative financial protection products.

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Virginia: New Warranty and Recall Protections for Dealers Signed into Law

A new law was signed earlier this year to take effect July 1, 2025, in Virginia, providing protections to ensure fair reimbursement for Virginia’s automotive technicians and dealerships performing warranty and recall repairs. 

Dealer protections include:

  • Manufacturers will no longer have the ability to challenge warranty rates based on their definition of reasonableness
  • Protection from decreases in markup on recall repair parts
  • The ability to return unused recall parts
  • Strengthened protection for payment for diagnostic repair time

Full article: https://vada.com/blog/2025/03/25/new-warranty-and-recall-protections-for-dealers-signed-into-law/

Maryland HB1046: Vehicle Service Contract Technical Service Bulletin Restrictions Effective October 1, 2025

Maryland House Bill 1046, signed into law on April 22, 2025, and effective October 1, 2025, protects consumers by prohibiting certain practices, including:

  • Mechanical repair contracts cannot exclude coverage solely because a technical service bulletin identifies the issue
  • Vehicle Service Contract obligors/providers denying claims solely based on repairs being listed in technical service bulletins

This law significantly protects consumers by preventing certain coverage exclusions in vehicle service contracts.

Full Text: https://mgaleg.maryland.gov/2025RS/fnotes/bil_0006/hb1046.pdf