To cater to different lending scenarios, CPI comes in two primary forms: dual-interest insurance and single-interest insurance. Each type offers distinct features and advantages. In dual-interest ...

Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage, including collision and ...

Learn the ins and outs of collateral assignment in life insurance policies, how it secures loans, and what it means for your beneficiaries.

MADISON, Wis. – CUNA Mutual Group said yesterday it is forming an alliance with State National Companies to offer collateral protection insurance to credit unions. The combination maximizes CUNA ...

The United States Department of Justice has sued Allstate-owned National General Holdings Corp for forcing Collateral Protection Insurance (CPI) on vehicles financed through Wells Fargo. This ...

An Allstate-owned insurance company is facing a lawsuit from the U.S. government for allegedly defrauding customers. The U.S. Department of Justice is cracking down on an Allstate-owned insurance ...

National General Holdings Corp. and three subsidiaries wrongfully force-placed collateral protection insurance products on massive numbers of vehicles financed through Wells Fargo, according to the ...

KENNESAW, Ga.--(BUSINESS WIRE)--The Overby-Seawell Company, a specialist in lender-placed insurance and risk management services and products, has changed its name to OSC. OSC’s specialty is ...

SAN DIEGO--(BUSINESS WIRE)--Haeggquist & Eck, LLP, a leading shareholder rights litigation firm, is investigating whether certain directors and officers of National General Holdings Corp. (“National ...

A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...