Ron Marin

The 25-year-old extended-service-plan company and warranty administrator VAC Service Corp. has been acquired by Bankers Warranty Group, Inc., a newly created, wholly owned subsidiary of St. Petersburg, Fla.-based Bankers Financial Corp. The Group, according to VAC spokesperson Ron Marin, was formed for the purpose of placing both VAC, which specializes in warranties for consumer and office electronics as well as major appliances, and Bonded Builders Risk Management, a Bankers subsidiary offering warranties on homes, under the same roof within the corporate structure of the parent company, which has more than $300 million in assets. At the helm of Bankers Warranty Group is Kevin Rupkey, an industry

The 25-year-old extended-service-plan company and warranty administrator VAC Service Corp. has been acquired by Bankers Warranty Group, Inc., a newly created, wholly owned subsidiary of St. Petersburg, Fla.-based Bankers Financial Corp. The Group, according to VAC spokesperson Ron Marin, was formed for the purpose of placing both VAC, which specializes in warranties for consumer and office electronics as well as major appliances, and Bonded Builders Risk Management, a Bankers subsidiary offering warranties on homes, under the same roof within the corporate structure of the parent company, which has more than $300 million in assets. At the helm of Bankers Warranty Group is Kevin Rupkey, an industry

The hurricane season has been calm for warranty and extended service providers By David Dritsas The impact of the recent onslaught of hurricanes has been a hot topic throughout the industry and the country at large. But one segment has experienced only a small—if at all noticeable—effect: the warranty business. Despite the massive losses of personal property in the hardest hit areas of the southern United States, extended service providers have very little to do with the problem of damaged goods. In fact, some companies are wondering if the outcome will actually produce a slight increase in business. Mostly, the lack of impact has

More Blogs