Escrow.com and Finance Express Partner with Vehicle Title LLC

IRVINE, Calif. – Escrow.com, which offers services that allow vehicle buyers, sellers and lenders to protect themselves during an Internet transaction, has signed an agreement with Vehicle Title LLC to provide TitleGuard Vehicle Title Insurance on loans generated via the Finance Express platform.

GMAC Financial Services Granted 10-Year Extension of FDIC Disposition Requirement for GMAC Bank

GMAC Financial Services has been granted by the Federal Deposit Insurance Corporation (FDIC) a 10-year extension of GMAC Bank's current ownership by extending the existing disposition requirement that was established in connection with the sale of a majority stake in GMAC.

GAP Rates May Soon Be On the Rise

Damage caused by this year's hurricanes, especially Katrina, and the steep depreciation in the value of used vehicles, could cause rates for GAP insurance to rise 25 percent to 30 percent by next year, according to Automotive News.

Global Administration Implements StoneEagle’s Product Administration System

StoneEagle’s SEcureARCH product administration system will manage Global Administration’s contracts, claims and reporting processes.

Louisiana Dealer Services Implements StoneEagle's VPay

VPay provides a fully automated claims payment solution that aims to prevent fraud, eliminate reconciliation efforts and increase customer loyalty.

FDIC: Reduced Loan-Loss Provisions Push Bank Earnings to Three-Year High

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate profit of $21.6 billion in the second quarter of 2010, a $26 billion improvement from the $4.4 billion net loss the industry posted in the second quarter of 2009.

Digital Motorworks Joins Aon Corp. in Strategic Alliance

LoJack and NICB Kick Off Education Initiative With Identity Theft Survey

Americans are not taking the necessary precautions to protect their vehicles from theft and are putting themselves at risk for identity theft based on what they leave in their cars, trucks and SUVs, according to recent survey by LoJack Corporation and the National Insurance Crime Bureau (NICB).

Allstate Credit Division Signs MBPI

Allstate Credit Division (ACD), a provider of products and services for the automotive dealer industry, has announced an agreement with Mechanical Breakdown Protection Inc. (MBPI) to insure MBPI vehicle service contracts through First Colonial Insurance Company (FCIC).