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 ...

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 ...

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 ...

ATLANTA — Assurant Specialty Property, a provider of creditor-placed homeowners insurance, auto collateral protection insurance and related services, announced plans to establish a second service ...

Secured loans are a type of lending that requires collateral. For instance, when you get an auto loan, you use the car you’re purchasing as collateral against the loan. If you default, the lender can ...