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April 12, 2012

Co-Owner of US Fidelis Pleads Guilty to Fraud

Darain Atkinson, one of two brothers who co-owned and operated US Fidelis, plead guilty to misleading customers in the St. Louis area and nationally.

Tags: robocalls, service contracts, US Fidelis

April 12, 2012

GSFSGroup Names New CFO

GSFSGroup tabs former Ally Financial director as the company’s new CFO. The new hire will develop new programs and back-end processes for the company’s dealer clients.

Tags: F&I products, GSFSGroup, service contracts

April 10, 2012

CNA Voted Top Service Contract, Reinsurance Provider

CNA National was voted both the best service contract provider and reinsurance provider for 2012 by dealers in Auto Dealer Monthly’s annual Dealer’s Choice Awards.

Tags: CNA National, Reinsurance, service contracts

March 13, 2012

Industry Veteran Ron Fortt Launches Consulting Company

Retail automotive industry veteran Ron Fortt announced the launch of Automotive Retail Solutions, an independent consulting and training company providing products and services to the automotive industry.

Tags: Automotive Retail Solutions, business development center, extended warranties, parts and service, service contracts, training, windshield protection

February 14, 2012

AUL Corp. Partners With Ace on “BHPH in A Box" Program

AUL Corp. announced an expansion of its service-contract relationship with Ace Motor Acceptance Company (AMAC), a subprime finance source in Charlotte, N.C.

Tags: AUL Corp., BHPH, buy-here, pay-here, service contracts

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

November 17, 2011

New F&Idol Videos Available Now

The magazine has posted new video footage of the five F&Idol category winners running through their product pitches.

Tags: F&I products, GAP, key replacement, service contracts, tire and wheel, training, vehicle theft

October 18, 2011

Vets-Cars Launches Service Contract for Service Members

Vets-Cars Group has introduced the Vets-Shield Command Care, a service contract geared toward active and former military personnel and their families.

Tags: military, service contracts, Vets-Cars, Vets-Shield Inc.

October 6, 2011

G.P. Anderson Named 2011 F&Idol Winner

Readers of F&I and Showroom voted Greg Paul “GP” Anderson the winner of the magazine’s inaugural F&Idol contest. The F&I manager for Thielen Motors, Park Rapids, Minn., was honored during a special ceremony at the publication’s Industry Summit 2011.

Tags: FandIdol, GAP, Industry Summit 2011, key replacement, service contracts, tire and wheel, training, vehicle theft

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

August 8, 2011

The Warranty Group, Lithia Motors Extend Service Contract Deal

The Warranty Group Inc. announced that Lithia Motors has extended its agreement with the F&I product provider and will continue offering The Warranty Group’s service contract offerings.

Tags: F&I products, Lithia Motors, service contracts, The Warranty Group

August 8, 2011

F&I Express adds Protective to e-Contracting Platform

Protective Life’s vehicle service contracts and GAP will be available through Intersection Technologies’ e-contracting platform.

Tags: E-CONTRACTING, GAP, Protective, Protective Asset Protection Division, Protective Life Corporation, service contracts

July 26, 2011

JM&A Group Launches Term Care Select

JM&A Group’s new Term Care Select program offers lease customers and short-term vehicle owners premium mechanical failure protection and wear-and-tear protection.

Tags: JM&A Group, service contracts, vehicle maintenance

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

May 17, 2011

John Luckett Named SVP of First Extended Service Corp.

First Extended Service Corporation, a unit of The Warranty Group Inc., a global underwriter, administrator and marketer of service plans and related programs, has named John Luckett as senior vice president of sales and marketing.

Tags: service contracts, The Warranty Group

May 10, 2011

AUL Corp. Partners With OptionSoft Technologies

AUL Corp., a provider of service contracts for used vehicles, has formed an agreement with OptionSoft Technologies, a provider of automotive software solutions. The goal of the partnership is to allow both companies to continue offering their dealer networks the most advanced electronic business solutions.

Tags: AUL Corp., F&I products, service contracts

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F&I and Showroom - December 2011

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  • A New Age for Marketing
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