Top News

CNA National Distributed $40 Million to Dealers in 2016

February 27, 2017

SCOTTSDALE, Ariz.— CNA National Warranty Corp. (CNAN) returned more than $40 million to automobile dealers across the U.S. through its various participation plans for 2016, bringing its inception-to-date total to more than $424 million, the company announced.

“Over the past five years, we’ve seen a significant increase in returns,” said CNAN President and CEO Joe Becker. “This performance demonstrates the strength, stability and flexibility of these programs. They deliver the dependability our dealers expect and deserve regardless of the participation option selected.”

The company offers a range of participation programs and reinsures warranties, GAP and tire-and-wheel protection, in addition to vehicle service contracts. The company has earned multiple awards as “Best Reinsurance Provider” in the Dealers’ Choice Awards, including first-place honors in 2011, 2012 and 2013.

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  

CLOSE [X]

READ NEXT

AutoFi Adds iLendingDIRECT Network

AutoFi today announced the addition of iLendingDIRECT and its network of credit unions to its point-of-sale auto finance solution. The fintech firm also announced its entrance into the used-vehicle market.