Warranty Gold Launches WarrantyNews.com.Business Editors/High-Tech Writers AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas--(BUSINESS WIRE)--Sept. 24, 2003 Web Site to Provide Information and Updates Regarding Warranty Gold Extended Service Contracts Insured and Administered by National Warranty Insurance Risk Retention Group As part of an effort to inform customers and keep them up to date, Austin-based Warranty Gold launched www.WarrantyNews.com. The Web site is dedicated to providing customers the latest news, information and options regarding Warranty Gold contracts impacted by the liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy of National Warranty Insurance Risk Retention Group. "WarrantyNews.com will provide our customers with the latest information they need to make decisions about their extended service contracts," said Warranty Gold CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President Michael Kammerman. "The liquidation of National Warranty affects almost a million consumers and numerous other companies similar to Warranty Gold across the country. WarrantyNews.com is designed to be a service to our customers, but we hope it can be a useful resource to anyone interested in monitoring the situation with National Warranty." "The liquidation of National Warranty has put a lot of people in a difficult position, but at Warranty Gold, we recognize that we're the face to our customers," said Warranty Gold General Manager Kurt Nelson. "We are determined to explore every avenue, legal and otherwise, to be able to honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. our commitments to our customers. We established WarrantyNews.com so our customers can stay informed about our progress." Warranty Gold will update WarrantyNews.com whenever new information regarding National Warranty is available. National Warranty, the administrator and insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. of Warranty Gold extended service contracts purchased prior to June 6, 2003, was recently declared insolvent INSOLVENT. This word has several meanings. It signifies a person whose estate is not sufficient to pay his debts. Civ. Code of Louisiana, art. 1980.. A person is also said to be insolvent, who is under a present inability to answer, in the ordinary course of business, the responsibility . Warranty Gold is now working with a new insurer and administrator. Warranty Gold contracts purchased after June 6, 2003, are not affected by National Warranty. About Warranty Gold Doing business on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the since 1996, Warranty Gold is the original online provider of extended service contracts for automobiles. Warranty Gold has continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. modified its product line to include plans, terms and features that meet consumer demands, and the company has carefully developed strategic alliances with Internet partners to provide value-added products and services to its customers. |
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