Tag Archives: Choice Home Warranty

Rely Home Receives Investment from H.I.G. Capital

Rely Home, a leading nationwide home warranty provider, is pleased to announce it has received an investment from an affiliate of H.I.G. Capital, a leading global alternative investment firm.

Rely Home operates across all 50 states through a network of independent, affiliated technicians under its three brands: Choice Home Warranty, Home Warranty of America, and Home Service Club.

Full Release: https://www.prnewswire.com/news-releases/rely-home-receives-investment-from-hig-capital-302612188.html

Choice Home Warranty Prohibited From Selling Warranty and Service Contracts in Georgia

Insurance and Safety Fire Commissioner John F. King announced that Choice Home Warranty is prohibited from selling or soliciting home warranty or service contracts in Georgia.

In March, a Cease-and-Desist order was issued against Choice Home Warranty for failing to meet the surety bond requirements established under Title 33 of the Official Code of Georgia Annotated. The company has failed to post the required bond in an amount of not less than $100,000.00 despite previous warnings. This requirement ensures that Georgia consumers are protected in case a warrantor cannot pay out claims.

Full Release: https://oci.georgia.gov/press-releases/2024-04-10/choice-home-warranty-prohibited-selling-warranty-and-service-contracts

Home Warranty of America Joins the Choice Home Warranty Family

Choice Home Warranty (“Choice”) announced that it has acquired certain assets of Home Warranty of America (“HWA”) from Home Warranty of America, Inc. to enhance Choice’s position as a leading provider of home warranty service contracts and to accelerate Choice’s mission to become the US’ largest and most respected home warranty provider.

Full Release: https://www.prnewswire.com/news-releases/home-warranty-of-america-joins-the-choice-home-warranty-family-301476004.html

Choice Home Warranty Appoints James Mostofi as Chief Executive Officer

Choice Home Warranty recently announced that effective June 28, 2021, James Mostofi has been appointed as CHW’s Chief Executive Officer.

Full release: https://www.prnewswire.com/news-releases/choice-home-warranty-appoints-james-mostofi-as-chief-executive-officer-301319877.html

National Advertising Division Recommends Choice Home Warranty Modify, Discontinue Certain Claims for its Home Warranty Service Plans; Advertiser to Appeal

The National Advertising Division (NAD) has recommended that Choice Home Warranty modify or discontinue certain claims regarding its home warranty service plans.

Full Article: https://finance.yahoo.com/news/national-advertising-division-recommends-choice-165100409.html