Virginia Surety and Interstate Announce Extended Service Contract Agreement
CHICAGO – Virginia Surety Company, Inc. has reached an agreement with Interstate National Dealer Services, Inc. to provide underwriting and actuarial support for specific extended service contract programs.
“We’re looking forward to our partnership with Interstate,” said Mike Frosch, senior vice president of VSC. “Virginia Surety’s deep expertise in underwriting automotive, powersport, marine and recreational vehicle service contracts matched with Interstate’s innovative product offerings will benefit agents, dealers, financial institutions and their customers.”
“A partnership with Virginia Surety is a natural pairing for Interstate,” added Interstate CEO Shaun Fetherston. “They are a respected industry leader and share our intense passion for service excellence and superior value with innovative and market-driven products and services.”
VSC and Interstate are providers of consumer benefit programs that promote loyalty and customer satisfaction throughout the ownership experience. Virginia Surety is a wholly-owned subsidiary of The Warranty Group, Inc.
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →