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 ...

The program, developed by Liberty’s Lending & Collateral Specialty Group, consolidates lender-placed insurance (LPI), real estate owned (REO) coverage, and collateral protection insurance (CPI) into a ...

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 ...

The Liberty Company Insurance Brokers (Liberty) today announced the launch of Liberty Collateral Protection (L.C.P.), a comprehensive, portfolio-wide collateral protection solution designed to help ...

For organizations with loss-sensitive casualty programs, posting collateral has become an increasingly burdensome and expensive requirement due to volatile economic conditions. “Over the past few ...

The ravages of the recent hurricane season served as a wake-up call to many lenders and their professionals about problems and pitfalls when collateral is not appropriately and necessarily insured as ...

Ride sourcing organizations such as Lyft and Uber enable individuals to use their personal, non-commercial vehicle as a livery, or taxi-type service through a mobile app managed by the TNC that ...

When purchasing, or considering the purchase of, large deductible (LD) workers’ compensation, auto, and other policies, insurance companies often require the policyholder to post collateral to secure ...

Walt Cagley Insurance (WCI Insurance) is a specialty transportation insurance broker headquartered in New Jersey with offices in California and Idaho. WCI boasts over 40 years of experience in the ...