Monday, March 18th, 2024

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Assurant Closes Sale of Iké Asistencia Investment

Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of the sale of its investment in Iké Asistencia (Iké) and certain of its affiliates. Iké is a servic......

Motorola Extends Warranty on Smartphones

If you are an owner of a Motorola smartphone with a warranty that is expiring between March 15 and April 30, 2020, you may be eligible for an additional 75 days of warranty coverage as a result of the COVID-19 global pandemic. Motorola, which is owned by Lenovo, announced the war......

Assurant Announces Q1 2020 Financial Results

Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today reported results for the first quarter ended March 31, 2020. “I am exceedingly proud of the dedication and resiliency demo......

Department of Justice Shuts Down Warranty Robocall Scammers

The U.S. District Court for the Eastern District of New York entered a consent decree imposing a permanent injunction barring two individuals and two companies that transmitted massive volumes of fraudulent robocalls from conveying any telephone calls into the U.S. telephone syst......

Auto Protection Club Sued for Alleged TCPA Violations

Extended car warranty seller Greenlight Auto Protection of St. Charles, Missouri which does business as Auto Protection Club stands accused of violating the Telephone Consumer Protection Act (TCPA) in a class-action lawsuit filed in the Eastern District of Missouri - Eastern Divi......

Frontdoor, Inc. Releases First Quarter 2020 Results

Frontdoor, Inc. (NASDAQ: FTDR), parent company of home warranty provider American Home Shield, announced first-quarter 2020 results. First-quarter 2020 revenue increased eight percent over the prior year period. Renewal revenue increased 10 percent, due to improved price realiz......

Warranty Scam Robocalls Increase 10 Percent in May 2020

According to the YouMail Robocall Index, warranty scam robocalls were up 10 percent in May 2020 over the prior month. An estimated total of 149.5 million extended warranty robocalls were placed in May, a total of nearly 5 million illegal warranty robocalls each day. The increase......

What Happened to Selling the Value of an Extended Warranty?

I'm going to start this off by saying that I'm no angel. Back when I was on the phones, I could sell. I sold extended warranties to people who didn't want them or didn't need them for way too much money. I could rebut anything. Need to ask your wife? "I thought you were the man ......