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February 7, 2012

Dimension, NASC Announce Merger

Dimension Service Corp. (DSC) and National Administrative Service Co. (NASC) announced the merging of their two companies to form Allegiance Administrators LLC.

Tags: Allegiance Administrators, Dimension Service, National Administrative Service, service contracts, underwriting and collections, vehicle maintenance

December 1, 2011

American Auto Guardian Appoints VP of Sales

American Auto Guardian Inc. (AAGI) announced that Jeff Teuscher was named vice president of sales.

Tags: American Auto Guardian, service contracts

September 27, 2011

VSC Refund Provider in Jeopardy

The North American Dealer Co-Op (NADC), which came to the aid of automotive dealers when another guaranteed refund program folded over the summer, is now in danger of losing its own 17-year-old program.

Tags: NADC, North American Dealer Co-Op, service contracts, Signet Financial Group

August 18, 2011

Charter Warranty Adds Product Funding Option

Vehicle service contract provider Charter Warranty has announced the launch of “Save-A-Deal,” a new program designed to offer dealers a new option for financing F&I products.

Tags: Charter Warranty, F&I products, service contracts

August 15, 2011

GWC Warranty, Universal Lenders Introduce Interest-Free Alternative Financing

GWC Warranty and Universal Lenders LLC have partnered to offer The ZERO Plan, a zero-percent alternative financing option for GWC vehicle service contracts.

Tags: finance, GWC Warranty Corporation, service contracts

July 15, 2011

GWC Warranty, Southern Auto Finance Announce Partnership

GWC Warranty Corporation (GWC) and Southern Auto Finance Company (SAFC) will offer GWC vehicle service contracts and GAP through SAFC dealers.

Tags: GWC Warranty Corporation, service contracts, Southern Auto Finance Company

July 12, 2011

Missouri Gov. Signs Service Contract Law

Aimed at telemarketers of vehicle service contracts, Senate Bill 132 was signed into law last week and will provide further oversight on service contract sales in Missouri.

Tags: extended warranties, LEGAL, legislation, service contracts, US Fidelis

July 11, 2011

AutoMD.com: Longer Ownership May Not Translate Into More VSC Sales

The AutoMD.com report indicated that extended vehicle ownership is becoming a more common habit regardless of where the economy is in its recovery.

Tags: AutoMD.com, service contracts, vehicle maintenance

July 11, 2011

Eos Group Supplying VSCs to Tuttle-Click Dealerships

Eos Group Inc. will bring it’s extended vehicle service contracts to Tuttle-Click Automotive Group’s customers in Southern California and Arizona.

Tags: California, Eos Group, service contracts, Tuttle-Click Automotive Group

July 5, 2011

NADA Report: F&I Income Up 15 Percent Over 2010

Aftermarket income rose in 2010 with a 15 percent increase in F&I dollars and a 7 percent increase in service contract dollars from 2009, according to the National Automobile Dealers Association's 2011 NADA Data report.

Tags: aftermarket income, F&I income, NADA, service contracts

June 24, 2011

CNA National Introduces “Z Series” VSC Program

The Z Series vehicle service contract program features expanded coverage definitions and terms based on input from CNA National's agents and dealers.

Tags: CNA National, service contracts

June 17, 2011

US Fidelis Owners Indicted on Multiple Felony Charges

Brothers Darain and Cory Atkinson, founders of now-bankrupt extended service contract company US Fidelis, were charged with multiple felonies, including unlawful merchandising practices, stealing and insurance fraud.

Tags: extended warranties, FRAUD, service contracts, US Fidelis

April 27, 2009

NAE and NWAN Strike Partnership With Service Payment Plan Inc.

National Automotive Experts (NAE) and National Warranty Administration Network (NWAN) have struck a partnership with Service Payment Plan Inc. (SPP), a Chicago-based financing company that offers an interest-free payment plan option for service contract purchasers.

Tags: NAE, service contracts

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