Fidelity National Home Warranty and Disclosure Source, leaders in the home warranty and California natural hazard disclosure market have announced Lorna Mello as the President and CEO of both companies. She has over 30 years of experience in the Home Warranty and NHD (National Hazards Disclosure) industries. Also, she has a strong understanding of sales… Read More »
Genstar Capital usually targets investments in financial services, industrial technology and healthcare industries. However, they have announced its acquisition of 2-10 Home Buyers Warranty, a home warranty provider. 2-10 Home Buyers Warranty offers two warranty products namely, Home Service Contracts and New Home Structural Warranties. The home service contracts cover the repair or replacement costs… Read More »
Hurricane Michael is a tropical storm that is rapidly forming off the Gulf of Mexico and the Yucatan Peninsula and is gaining considerable strength and this could become a potential Category 2 hurricane. It looks to strike the Gulf Coast over the Florida Panhandle. Currently, Florida Governor has declared a state of emergency for the… Read More »
ServiceMaster is a leading provider of essential residential and commercial services. They have announced that the successful spin-off of Frontdoor which is the parent of American Home Shield business. It will function as an independent public company trading on Nasdaq under the symbol “FTDR”. Moreover, ServiceMaster will continue to trade on the NYSE under the… Read More »
Hurricane Florence started last Sunday and has intensified into a major hurricane. Hatteras Island, North Carolina has been evacuated and the Governors of South Carolina, North Carolina, and Virginia have declared a state of emergency. Though the storm is still brewing over the Atlantic Ocean, it is not sure that it will make landfall in… Read More »
American Home Shield (AHS) now has a new parent, Frontdoor Inc. and this roles out a new public company in Memphis. It was in July 2017 that ServiceMaster Global Holdings Inc. (SERV) announced that they would spin-off American Home Shield into a separately traded public company. The latest news is that Frontdoor Inc. will be… Read More »
Hurricane Lane is set to collide with Hawaii which could be a threat to life due to high waves, mudslides, strong winds and flash floods. The hurricane is a Category 4 which will weaken as it heads towards the Hawaii islands. Even if it doesn’t hit, it is likely that the powerful hurricane would require… Read More »
ServiceMaster announced last Wednesday that they are hiring Jeffrey Fiarman, a new General Counsel for American Home Shield (AHS) before the unit spins off into its own company during the third quarter of this year. Fiarman will be the first-ever General Counsel and Corporate Secretary of AHS which is based out of Memphis, Tennessee. Currently,… Read More »
There has been a large flood of capital that has entered the home warranty industry. Investors have brought in more than $2.3 billion into this market. This is based on the high demand that is continually met by the home warranty industry. Also, you need to weigh the pros and the several million customers that… Read More »
U.S.’s largest publicly traded water and wastewater utility company, American Water Works Company, Inc. (NYSE:AWK) announced that it has completed acquiring Pivotal Home Solutions from Southern Company Gas. American Water acquired the company from the subsidiary of Southern Company for $363.7 million in cash which includes the estimated working capital. Pivotal Home Solutions that has… Read More »
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AHS Has Honored Claims Worth $2 Billion Since 2013
Pioneers of the Home Warranty Industry
47 years of experience
More than 1.7 million customers
Network of 15,000 contractors and 45,000 technicians
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