Barrett Rejoins Resource Automotive in Reinsurance Role
CHICAGO – Resource Automotive, Inc., a unit of The Warranty Group, Inc., announced Steve Barrett has joined the company as executive vice president, with responsibility for automotive reinsurance.
Previously an executive with the company, Barrett joined Resource in 1980 as a finance and insurance specialist, moving through several positions before becoming senior vice president reinsurance. He quickly became known as a thought leader in the industry and has become recognized internationally as an expert in the creation and management of domestic and off-‐ shore reinsurance entities for automotive dealers.
“We’re thrilled to welcome Steve back to the company,” said Charlie Robinson, President and COO of Resource. “No one else in the business has the experience, track record and insight into every aspect of reinsurance that Steve possesses. He is a great asset to our company and our clients.”
Barrett is a graduate of the University of Notre Dame, a certified public accountant and licensed securities principal.
More Industry
Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →
Auto Dealers Feel Better But Not Great
A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.
Read More →
New-Vehicle Sales Picture Relative
A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.
Read More →
Auto Group Acquires Third Nissan Rooftop
Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Building an Extraordinary F&I Agency
Work to determine your specialized talent, because that fact will determine everything about your agency’s future.
Read More →
Recipe for Compliance
The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.
Read More →
EVs Getting More Attractive
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
EV Sales Drop in April Following Surge
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →