News

RoadVantage Successfully Completes Second Straight SSAE 16 (SOC 1) Type II Audit

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced the successful completion of its second annual SSAE 16 (SOC 1) Type II audit, ensuring the company’s controls and procedures continue to conform to industry standards for best practices. RoadVantage sought the SSAE 16 Type II audit, conducted by SSAE ... Read More »

EFG Companies Names Steve Roennau as Vice President of Compliance

DALLAS, TX – EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced today the appointment of Steve Roennau as Vice President of Compliance, reflecting the company’s ongoing mission of driving operational compliance for its retail dealership clients. Roennau brings a 30-year history of driving bottom-line results in automotive F&I, sales and product management, giving ... Read More »

CNA National Welcomes New Chief Actuary

Scottsdale, Ariz.—Effective June 13, Karen Queen has been appointed as the chief actuary for CNA National Warranty Corporation. “We are very happy to have Karen as part of the CNA National team,” says Joe Becker, president and CEO. “Her expertise will help us to continue providing accurate rates for our expanding product line. Having spent ... Read More »

Mechanical Breakdown Protection, Inc. (MBPI) Celebrates 35th Anniversary

Since 1981, MBPI has been recognized as one of the top administrators in the nation. May marked the 35th anniversary for this employee-owned company, which began from James Orr’s vision of what a truly great F&I provider could and should be. Currently under the leadership of Mr. Orr’s son, Kevin, MBPI continues to offer new ... Read More »

Registration Open for Las Vegas Compliance Summit

TAMPA, Fla. — Organizers of Compliance Summit, a series of regional events dedicated to front-end compliance for dealers and dealership management, announced that registration for the Las Vegas event is now open. This two-day event, part of the annual Industry Summit, is scheduled for Aug. 29-30 at Paris Las Vegas. “We are so proud to announce our first ... Read More »

Call for Speakers: P&A Leadership Summit

LAS VEGAS — Organizers of the annual P&A Leadership Summit have put out a call for featured speakers and panel participants for the 2016 event, which will be held Aug. 30–31 at Paris Las Vegas. Show Chair David Gesualdo said the agenda already includes several topics of interest to executives in the F&I industry, including a featured ... Read More »

FTC Announces Significant Hike to Civil Penalty Maximums

Jumpstart: 60% of Millennials Buy a New Vehicle Every Three Years

CFPB Proposes Implementation of Privacy Notice Exemption

Harkins Returns as PALS Emcee

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Robert Harkins, vice president of training for American Guardian Warranty Services Inc. (AGWS), will return as master of ceremonies for the fourth consecutive year. The event will be held Aug. 30–31 at Paris Las Vegas. “Once again, the thankless task of herding ... Read More »