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July 6, 2010 - Industry News

Repair Assurance Offers Advocate Service for Consumers

Vision Marketing Group introduces “Repair Assurance,” a vehicle service agreement that provides consumers with an advocacy service to represent them when dealing with auto repair facilities or warranty companies.

Tags: F&I products, parts and service, Service Contracts

June 22, 2010 - Industry News

Attorney Lewis Kuhl to Lead 2010 VSCAC Workshop on Limited Warranties

F&I and Showroom magazine is proud to announce that Lewis Kuhl, an attorney with the law firm Pathman Lewis LLP, will be a featured workshop presenter at the 2010 Vehicle Service Contract Administrators Conference.

Tags: F&I products, VSCAC

June 2, 2010 - Industry News

Allstate Dealer Services President Tony Wanderon <br> to Speak at 2010 VSCAC

F&I and Showroom magazine is proud to announce the selection of Tony Wanderon, president of Allstate Dealer Services, as a keynote speaker at the 2010 Vehicle Service Contract Administrators Conference (VSCAC).

Tags: F&I products, Service Contracts, VSCAC

May 17, 2010 - Industry News

Car Thefts Continue Downward Spiral in 2009

The National Insurance Crime Bureau (NICB) reported that 2009 marked the nation’s sixth consecutive year of declining vehicle thefts in the United States.

Tags: National Insurance Crime Bureau, Vehicle Theft

May 17, 2010 - Industry News

F&I Administration Adds ‘Classic’ Products to its Platform

F&I Administration Solutions LLC, a provider of F&I product administration software, has added Norman & Co. Inc. to its SCS Auto platform.

Tags: F&I products, GAP, software

May 6, 2010 - Industry News

Warrantech Offers Free Warranty Coverage on Used-Car Purchases

Warrantech Automotive, a provider of service contracts and aftermarket warranties, will provide a free powertrain warranty on qualified used-car purchases made on EveryCarListed.com through a new exclusive program.

Tags: extended warranties, Vehicle Sales

April 26, 2010 - Industry News

Warrantech and Castrol Launch VSC Program

Warrantech Automotive Inc., an independent provider of vehicle service contracts and aftermarket warranties, and BP Lubricants USA Inc., a marketer of Castrol products, have partnered to develop Extended Care, a vehicle service contract wrap program.

Tags: Service Contracts

April 13, 2010 - Industry News

MediaTrac Offers Dealers In-House Maintenance Program

Performance Loyalty Group Inc. and MediaTrac LLC have partnered to provide UltraCare, a Web-based program that allows dealerships to manage and market a dealership-branded, in-house prepaid maintenance program.

Tags: Vehicle Maintenance

April 6, 2010 - Industry News

Interstate National Launched as F&I Products Holding Company

The formation of Interstate National Corporation, an umbrella holding company to house seven F&I product and service contract brands, was announced this week.

Tags: F&I products, Service Contracts

March 30, 2010 - Industry News

US Fidelis Files for Bankruptcy

The company that symbolized the direct-to-consumer movement for F&I product sales has filed for Chapter 11 bankruptcy protection — ending a seven-year run for a company known for its national advertising campaign, which included the sponsorship of the Rusty Wallace NASCAR team.

Tags: F&I products, Service Contracts

March 30, 2010 - Industry News

Tina Mallie Named Head of Zurich's Direct Markets

Zurich, a global property and casualty insurance provider, announced today that Tina Mallie is the new head of direct markets for Zurich North America Commercial.

Tags: F&I products, insurance, inventory, Zurich Financial Services

March 29, 2010 - Industry News

Autosave Adds More Funding and Warranty Coverage

Autosave Warranty has entered into a proprietary lending agreement with a new lender portal, which offers financing in all 48 states for customers with A to D credit. It also offers used-car leasing programs. Credit unions are available as well in many states.

Tags: retail financing, warranty

March 18, 2010 - Industry News

NAC Promotes Christina Schrank to VP of Marketing

NAC (formerly National Auto Care), a provider and administrator of vehicle service contract products and services, announced the promotion of Christina Schrank to vice president of marketing.

March 15, 2010 - Industry News

Ford Extended Service Plan Selects Ristken Software for Dealerships

Ford Extended Service Plan (ESP) has chosen Ristken Software Services as its partner to launch the ESP Profitlink Menu, an F&I menu selling system, and ESP Profitlink Reporting, an F&I reporting system. Both products will be used to assist and support Ford dealerships in finance and sales operations.

Tags: F&I menus, F&I reporting, Ford, Ristken, Service Contracts

March 5, 2010 - Industry News

Warrantech Recognizes Vehicles With Fewest Repairs in 2009

Warrantech Corporation, an independent provider of service contracts and aftermarket warranties for the automotive industry, named the top three Asian, domestic and European vehicles in its 2009 performance reliability study.

Tags: Service Contracts, warranty

February 26, 2010 - Industry News

Protective and MAPFRE Form Partnership

The Asset Protection Division of Protective Life Insurance Company, a wholly-owned subsidiary of Protective Life Corporation, has formed a partnership with MAPFRE Asistencia, a subsidiary of MAPFRE S.A.

Tags: Protective, reinsurance, Service Contracts

February 10, 2010 - Industry News

F&I Admin Partners With Xzilon

Dealership software provider F&I Administration Solutions LLC has signed Xzilon Inc., a California-based provider of appearance protection products, as the latest customer to its SCS Auto administration solution.

January 27, 2010 - Industry News

Virginia Surety Strikes Agreement With Express Systems

Virginia Surety Company Inc. (VSC), a subsidiary of The Warranty Group Inc., announced an agreement with Express Systems Inc. to provide underwriting and actuarial services for their reinsured product offerings.

Tags: F&I products, GAP

January 19, 2010 - Industry News

Edmunds.com Advises Consumers on GAP

Edmunds.com is urging consumers to purchase GAP as part of its Auto Finance tips and advise column. The online resource for automotive information issued its recommendation on Jan. 15.

Tags: Edmunds.com, GAP

January 5, 2010 - Industry News

National Automotive Experts Hires Joe Kalinowski and David Tralongo

National Automotive Experts (NAE) has added two new team members to its company – Joe Kalinowski and David Tralongo.

Tags: National Automotive Experts

December 23, 2009 - Industry News

Florida Orders Four Companies to Stop Selling VSCs

The Florida Office of Insurance Regulation issued on Dec. 21 an order to National Automotive Services Inc.; Warranty Financial Inc. a/k/a Warranty Financial O.R.G. Inc.; Warranty USA; and Warranty Services to cease and desist transacting the unauthorized marketing and selling of motor vehicle service agreement products in the state.

Tags: compliance, vehicle service products

December 10, 2009 - Industry News

Allstate Dealer Services Launches New CarMor Build Your GAP Interactive Tool

Allstate Dealer Services (ADS) unveiled “CarMor Build Your GAP,” an interactive and customizable tool that allows ADS agents to build GAP products to meet dealers’ specific needs in three easy steps.

Tags: Allstate Dealer Services, GAP

November 10, 2009 - Industry News

LoJack Unveils Self-Powered Stolen Vehicle Recovery System

LoJack Corporation unveiled a self-powered stolen vehicle recovery system that doesn’t draw any power from a vehicle’s battery or electrical system, making it ideal for hybrid and electric cars.

Tags: LoJack

November 10, 2009 - Industry News

Assurant Solutions Names Bill Bracken as National Director of Dealer Sales

Assurant Solutions’ vehicle service contract business promoted Bill Bracken to national director of dealer sales.

Tags: Assurant Solutions, Service Contracts

November 3, 2009 - Industry News

Class Action Suit Filed in Tires for Life Debacle

When Millennium Protection Group Inc. founder Wilbur “Tray” Harrison Jr. launched the Tires for Life tire replacement program in 2005, few dealers who signed up to sell the policies could have guessed that claims would be paid from a Texas checking account and the company would land in bankruptcy court.