California Gov. Gavin Newsom has signed AB 179, enacting new dealer protections against below-market warranty reimbursement rates and OEM-ordered facility upgrades. The bill also allows dealers to issue recall notices without violating new data privacy rules.
New CFPB guidance should inspire agents and dealers to look for unearned premiums from total losses, repossessions, and early payoffs.
SALT LAKE CITY, Utah — Alpha Warranty Services Inc. announced the release of its DriveEasy Limited Lifetime Powertrain Warranty and DriveEasy Wrap Protection. The DriveEasy Limited Lifetime Powertrain Warranty provides powertrain coverage to customers on more than 50 components for the life of the vehicle at no additional cost to the customer, according to the ... Read More »
Albuquerque, NM – SouthwestRe announced today the release of First Automotive Powertrain Wrap, a new vehicle service contract meant to be sold in conjunction with its First Automotive Lifetime Powertrain Limited Warranty program. Powertrain Wrap “wraps around” Lifetime Powertrain Limited Warranty to provide dramatically increased coverage for the consumer. “Powertrain Wrap works hand-in-hand with our ... Read More »
SCOTTSDALE, Ariz.—CNA National has announced that as of August 2015, it now has more than three million contracts in force across its product lines, including vehicle service contracts, GAP, tire-and-wheel protection, and warranties. “This is a wonderful accomplishment for everyone who is part of CNA National,” said Joe Becker, president and chief executive officer. “Passing ... Read More »
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