CNA National Distributes Over $32 Million to Dealers in 2024

Scottsdale, Ariz. — CNA National Warranty Corporation (CNAN) returned over $32 million to automobile dealers across the U.S. through its participation programs for 2024. The organization’s inception-to-date distribution total stands at more than $745 million.

“Our mission is to provide value through tailored solutions, whether it’s our participation programs, claims handling or customer service,” said Joe Becker, president and CEO of CNAN. “Our extensive in-house expertise, combined with a wealth of external resources, enables us to consistently help dealers boost their income.”

CNAN professionals are dedicated to working hand-in-hand with dealers, ensuring they find the participation structure that best matches their financial objectives. The seasoned experts that make up the reinsurance team help dealers tackle challenging questions, clarify every aspect of the programs and remain a valuable resource from start to finish.

Reinsurance offerings include CFC (controlled foreign corporation) and NCFC (non-controlled foreign corporation) structures, a retro program and a DOWC (dealer owned warranty company). Palo Verde Holdings, the NCFC established in 1999, is managed by a board of directors composed of dealer shareholders and has accrued more than $370 million in assets.

“We evaluate claims, product mix and other factors to assist dealers in enhancing their profits,” said Casey Lytle, vice president of reinsurance sales programs. “Our committed team offers support and service that is a step above the competition. As opposed to other providers, we make sure our dealers leverage the program that best suits their specific needs. This approach distinguishes us in the industry.”

CNA National Wins Another MOTOR Top 20 Award

Scottsdale, Ariz. — CNA National’s (CNAN) claims submission portal has won a 2025 MOTOR Top 20 Award from MOTOR Information Systems! This marks the company’s second win. Last year, its electric vehicle service contract (EVSC) received this notable recognition.

The claims submission portal is a custom-built, online, self-service tool for submitting and monitoring claims from initial diagnosis to payment.

• Quick response by CNAN’s claims adjustors
• Manufacturer warranty suggestions
• Validation of component coverage
• Submit claims for VSCs, tire and wheel, windshield and paintless dent repair
   

“We are thrilled to earn a MOTOR Top 20 Award for our proprietary claims portal,” said Mike Bacosa, vice president of claims. “I’m grateful to our team who worked extremely hard to design and build this custom, industry leading tool. At CNA National, we focus on customer service excellence, and this award showcases how our efforts are supporting that pillar of our culture.”

Winners represent some of the most innovative and exciting new developments from across the automotive industry. CNAN is the only F&I provider on the list, and the company is honored to have its claims submission portal included. See the complete list of winners: https://www.motor.com/top20awards-winners.