The Industry's Leading Source For F&I, Sales And Technology

Top News

Life of the South Acquires Darby & Associates

February 5, 2009

JACKSONVILLE, Fla. – Life of the South, a Fortegra Financial Company, a provider and administrator of credit insurance and payment protection services, acquired Darby & Associates in December 2008 from Dave and Judy Darby, Joseph R. McCaw, executive vice president of Life of the South announced.

Darby & Associates specialize in delivering credit insurance solutions to the independent consumer finance market in North Carolina, South Carolina, and Virginia.

The acquisition of Darby & Associates is expected to assure quality distribution of products and services to the important Carolina/Virginia market.

"Dave has been an important partner to Life of the South for many years," Mike Ferris, first vice president of Life of the South stated. "We are happy to have the opportunity to carry on his dedication to service without interruption to our mutual customers. Dave will continue his work with us on a reduced schedule over the next 24 months as he transitions into retirement."

"This acquisition emphasizes our focus on distribution and our interest in helping agencies in developing exit strategy solutions," added McCaw.

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  



Further Roadblocks Ahead for U.S. Auto ABS, Says Fitch Ratings

Despite stable ratings performance in 2008, the asset performance of prime U.S. auto-loan asset backed securities (ABS) will continue to face stiff headwinds in 2009, according to Fitch Ratings in its latest edition of 'In the Auto ABS Driver’s Seat'.