S.C. GAP Law Takes Effect

COLUMBIA, S.C. — As of Dec. 1, F&I offices operating in the state have a new set of rules to follow when selling guaranteed asset protection (GAP). While the new law mainly clarifies what GAP is and does, it also defines when the protection can be sold. The state’s Guaranteed Asset Protection Act requires that ... 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 »

Federal Judge Dismisses GAP Coverage Lawsuit

BALTIMORE — A federal judge threw out a proposed class-action suit last month against the Pohanka Auto Group, which claimed the dealer group’s GAP coverage was “phony” because it did not meet the definition of a debt-cancellation agreement under Maryland law. Judge Deborah K. Chasanow dismissed the putative class action against Pohanka’s 11 dealerships because ... Read More »

CarMax Falls on Service Accounting Correction

GAP Past & Future: Industry Experts Weigh In

Trade-In Protection: A Product Everyone Can Relate To

New F&Idol Videos Available Now

American National Insurance Company-Credit Insurance Division and Family First Dealer Services Announce Strategic Partnership

G.P. Anderson Named 2011 F&Idol Winner