Assurant Completes Acquisition of The Warranty Group

NEW YORK — Assurant, which provides vehicle service contracts through its Assurant Solutions business unit, announced the closing of its acquisition of The Warranty Group from TPG Capital. Following the closing, the risk management solutions provider announced several appointments to its global automotive leadership team, including the appointment of John Laudenslager as president of Assurant ... Read More »

Vero Partners with Allied Solutions on New VSC Program for Independents

SCOTTSDALE, Ariz. — Fidelis PPM today announced that its sister company, Vero, has partnered with financial services provider Allied Solutions to provide a new inventory merchandising and vehicle service contract program designed for independent dealers. Together, Vero and Allied Solutions have launched the Dealership Advantage Program, a package designed to help dealers present fresher, more ... Read More »

AUL Surpasses Two Million Contracts Issued

NAPA, Calif. — AUL Corp. surpassed 2 million contracts issued, the vehicle service contract provider announced last week. Officials said the milestone makes the firm one of the top independent VSC providers in the nation. Founded in 1990 by industry icon Luis Nieves, AUL achieved the milestone just seven years after it touched the million-policy ... Read More »

American Guardian Announces 2018 Growth Plan, Promotion of Key Executives

WARRENVILLE, Ill. — F&I product provider American Guardian Warranty Services Inc. (AGWS) announced the promotion of several key executives, including the appointment of Jon A. Anderson as president and COO. The moves are part of the company’s 2018 plan to grow its marketer base, revenue, and service team. The company also revealed plans to significantly ... Read More »

N.J. Dealer Agrees to Pay $136,000 to Resolve Consumer Fraud Investigation

NEWARK, N.J. — Sansone Hyundai has agreed to pay $136,000 to resolve charges that it failed to disclose the total price of certain advertised vehicles and charged consumers for F&I products listed at “no charge” on certain leases and sales contracts,” New Jersey Attorney General Christopher S. Porrino and the state’s Division of Consumer Affairs ... Read More »

First Choice Car Care Launches High-Mileage VSC Plans

TAMPA, Fla. — First Choice Car Care today launched new five-year, 100,000-mile vehicle service contract (VSC) plans for vehicles up to 20 model years old and have up to 150,000 miles on their odometers. First Choice Car Care is designed to appeal to buyers of older vehicles who desire investment protection at a reasonable cost, ... Read More »

GWC Warranty Names New Vice President Of Operations

WILKES-BARRE, PA. – GWC Warranty, a best-in-class provider of used vehicle service contracts and related finance and insurance products sold through automotive dealers, has appointed Richard Gesler as the company’s new Vice President Of Operations. In his role, Gesler will oversee all of GWC Warranty’s claims, business processing and customer service operations. “Rich’s proven track record ... Read More »

EasyCare Releases Full Suite of RV-Geared F&I Benefits

CNA National Reaches Three Million Contracts in Force

SCOTTSDALE, Ariz.—CNA National has announced that as of August 2015, it now has more than three million contracts in force across its product lines, including vehicle service contracts, GAP, tire-and-wheel protection, and warranties. “This is a wonderful accomplishment for everyone who is part of CNA National,” said Joe Becker, president and chief executive officer. “Passing ... Read More »

Vets-Cars Group Creates VSC Program Specifically for Military Members