Archive | Industry

Deconstructing the GAP Crisis

Deconstructing the GAP Crisis

It should come as no surprise that GAP underwriters are having a tough time. Years of excellent profitability following the Great Recession have been replaced with monumental losses and underpriced rates from many insurers. The first half of 2017 was by far the worst six months in the history of GAP, and there is little … Read More »

Posted in Industry0 Comments

PALS 2017: Providers Sweat the Details

PALS 2017: Providers Sweat the Details

For those of you who didn’t make it to the 2017 P&A Leadership Summit, you missed a good panel discussion about what keeps industry leaders awake at night. We had four terrific panelists, candid conversation, and many insights into current F&I challenges. A big thanks to Dave Duncan, president of Safeguard Products International; Arden Hetland, … Read More »

Posted in Industry0 Comments

Fighting Back Against the GM Mandate

Fighting Back Against the GM Mandate

During this year’s P&A Leadership Summit, held Sept. 12–13 at the Gaylord Texan Resort & Convention Center in Grapevine, Texas, attorneys Matt Bartle and David Marcus, partners in the Kansas City law firm of Bartle & Marcus LLC, hosted “The GM Mandate: Legal and Practical Responses,” a special session added to the PALS schedule at … Read More »

Posted in Industry0 Comments

Regulators Will Strike Back!

Regulators Will Strike Back!

At the Consumer Bankers Association (CBA) Conference earlier this year, an informal poll was taken from the several hundred bankers in the audience as to the major concerns they had for their industry. For the past six years, compliance was substantially the greatest concern and ranked first. However, in the 2017 poll, compliance declined to … Read More »

Tags: ,

Posted in Industry0 Comments

How to Adjudicate Claims for High-Risk Clients

How to Adjudicate Claims for High-Risk Clients

In the P&A segment, working with high-risk clients can lead to financial rewards, but runaway claims bear scrutiny. At last August’s P&A Leadership Summit, I had the honor of leading a panel of experts in a discussion about anticipating, identifying and properly managing such scenarios. I was joined by Trish Myers, a senior financial analyst … Read More »

Tags: , , ,

Posted in Industry0 Comments

Cover Your Acetabulum

Cover Your Acetabulum

If you’re old enough to read this article, you know what “CYA” means. For those of you who aren’t, it stands for “cover your acetabulum.” (That’s the large bone that contains your hip socket.) If you thought it meant something else, shame on you. But for purposes of this article, CYA stands for “certify your … Read More »

Posted in Industry0 Comments

Page 2 of 1912345...10...Last »
css.php