SOURCE: The Warranty Group, Inc.

The Warranty Group, Inc.

August 17, 2009 13:01 ET

The Warranty Group Announces Agreement With Nicor Services, LLC

Program Will Provide Homeowner Benefits

CHICAGO, IL--(Marketwire - August 17, 2009) - The Warranty Group, Inc., the world's premier provider of service plans, today announced an agreement between its insurance unit, Virginia Surety Company, Inc., and Nicor Services, LLC to provide underwriting and compliance services for its Home Solutions(SM) program, a customizable suite of home warranty plans for utilities and their customers.

Home Solutions plans provide homeowners with protection against the risks associated with costs to repair gas and electric lines within the home, as well as the repair of major systems including air conditioning, furnaces, water heaters, and home appliances.

"We are excited to partner with Nicor Services," said Mike Frosch, President & COO of North American Consumer Products, The Warranty Group. "Our underwriting experience and compliance resources supporting Nicor Services Home Solutions program will greatly benefit their customers."

"The security and other resulting benefits of this agreement further distinguish Nicor Services as a home warranty provider," said Dennis Donovan, Director of Nicor Services. "The added financial and technical expertise provided by The Warranty Group, combined with our customer focus, gives our utility partners even more reasons to offer customers our home protection plans."

The Home Solutions(SM) program is currently offered across 17 states, but soon will be expanding to 19 other states across the country.

About The Warranty Group

The Warranty Group is the world's premier provider of extended service plans and related benefits, with operations in 36 countries and 2300 employees. By providing underwriting, claims administration, compliance and marketing expertise, The Warranty Group is a single-source solution for manufacturers, distributors and retailers of consumer goods including autos, homes, consumer electronics, furniture and appliances as well as financial institutions and the travel/leisure industry. www.TheWG.com

For more information, contact:

Rob Mancuso, SVP Corporate Communications, 312.356.2320, rob.mancuso@TheWG.com

About Nicor Services

A trusted partner to utilities and energy companies across the nation, Nicor Services builds stronger customer relationships through the Home Solutions(SM) program, a suite of home warranty plans, energy efficiency programs and mover connection services. Home Solutions are the solution for partners seeking to meet cost reduction, revenue generation or energy efficiency objectives, while building stronger customer relationships through outstanding service and value.

For more information, contact:

Hank Possley, Senior Manager, Brand Management, 630.878.7013, hpossle@nicor.com

Contact Information

  • For more information, contact:

    Rob Mancuso
    SVP Corporate Communications
    312.356.2320
    Email Contact

    Hank Possley
    Senior Manager, Brand Management
    630.878.7013
    Email Contact