Primeritus Financial Services Acquires Global Investigative Services

PRESS RELEASE

Nashville, TN – February 15, 2017 – Primeritus Financial Services, Inc. – the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. – today announced the acquisition of Global Investigative Services, LLC (GIS).   Based in Rockwall, TX, GIS was founded by Greg Hill and partner Danny Tolbert and provides vehicle skip tracing services, equipment recovery and investigative services to the finance community. 

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Why is Insurance for the Towing and Repossession Markets so Hard to Find?

Press Release

RSIG requires members and most national client contracts require repossessors to have $1,000,000 in commercial auto coverage for scheduled vehicles or “owned-autos” a/k/a your tow trucks, spotter vehicles and camera cars.  Repossessors have often tried to minimize insurance costs by just having a towing policy, which they believe covers repossession activities.  And for years towers have used their towing policy to try to get into doing repossessions, without having the same coverages and costs associated with their policies.

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An Education, Training, Trade & Networking Event for Repossession Industry Professionals

Hosted by: Recovery Specialist Insurance Group & Allied Finance Adjusters Conference Inc.

Press Release

Are you concerned with 3rd parties tracking your every move?  Have you attended an Internet Profiling Course by Michele Stuart of JAG Investigations in the past 2 years?  If not, you should plan on attending the Education, Training, Trade & Networking event of 2017, hosted by Recovery Specialist Insurance Group and Allied Finance Adjusters Conference Inc.

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Repo Man Shot During Alleged Garage Break In

Lake Havasu City , AZ – 10 February 2017 – Lake Havasu City Police are investigating a shooting in the 2400 block of North Rainbow Avenue that sent two men to the hospital Thursday with non-life threatening injuries. At 2:18 a.m. a female in the residence called police to report there were people attempting to break into the home and access a motorcycle. Detective Sgt. Chad Williams said police believe the men were there to repossess the motorcycle when the male homeowner entered the attached garage armed with a rifle and opened fire.

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Repo Man Takes Baby for a Ride

Dewey, AZ – 9 February 2017 – A mother put her toddler in the car on Wednesday Feb. 8, ran back into her house, and came back to find the car and child gone, according to Dwight D’Evelyn, a spokesperson for the Yavapai County Sheriff’s Office.

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Repo Man Struck on the Head with Shotgun

Antioch, CA – 6 February, 2017 – On January 29 at 3:48 pm, a repossession truck driver attempted to recover a 2011, Infiniti, G37, parked in front of a home in the 400 block of W. Tregallas Rd. Once the vehicle was up on the tow truck, a 25 year old man exited the residence armed with a shotgun.

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Loss Preventions Services, LLC Selects MBSi Corp. as Technology and Compliance Partner

Press Release 

Grandville, MIFebruary 2, 2017 – Loss Prevention Services, LLC, an industry leader in repossession and skip tracing services, announced today that it has chosen MBSi Corp. (MBSi) as its assignment and compliance management solution. Throughout this next year, LPS will transition their assignment management platform to Recovery Connect (RC), MBSi’s next generation assignment platform.  In addition to adopting Recovery Connect, LPS has also chosen to adopt MBSi’s Compliance Made Easy (“CME”) suite of compliance platforms, as well as MBSi’s full vendor compliance management services. This decision allows LPS to integrate assignment and compliance management into one system. LPS and their clients will be provided with unprecedented transparency and analytics to create the best results in the most compliant environment available today.

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Woman Found Guilty of Assault with a Deadly Weapon during Repo

Naperville, IL – 1 February 2017 – A Naperville woman now faces up to one year in jail after being convicted of threatening a repo man with a gun.

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2017 RSIG/Allied Annual Training Convention

San Diego, California – June 21-23, 2017

The repossession industry education, training, trade and networking event of 2017 is set and registration is open.  Recovery Specialist Insurance Group and Allied Finance Adjusters Conference Inc. will be coming together again in 2017 in San Diego, California to host this industry event.

The dates of this event are June 21-23, 2017.

The location, the beautiful Sheraton San Diego Hotel & Marina.

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LAFCU’s Art Sookazian Named CU Times Trailblazer 40 Below Honoree

FOR IMMEDIATE RELEASE

Los Angeles, CA – December 19, 2016 – Art Sookazian, Vice President of Special Services at Los Angeles Federal Credit Union (LAFCU), was recently named one of the recipients of the Credit Union Times’ 2016 Trailblazers, 40 Below program, which annually recognizes young credit union executives who are creating innovative advances in the credit union industry. Because of the distinction, Art was featured in the November 30, 2016 issue of CU Times Magazine and CuTimes.com, which included a series of articles highlighting the recipients’ professional accomplishments. The special issue profiled Art’s most recent achievement of cutting loan delinquencies at the $882 million credit union by more than half. The article said Art spearheaded the use of automated reports to improve processes and reduce loan delinquencies from 1.57% to 0.37% over a period of 24 months.

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