Announcements
Visit our booth at the Cornerstone ELEVATE Virtual Expo for a chance to win up to $125 in Amazon eGift cards!

Chat with us at the Expo to be entered into our daily drawing to win a $25 Amazon eGift card. Those that video chat with us will be entered into the grand prize drawing for a $100 Amazon eGift card!


We'll see you there!!
Industry Events

September 1-3
Cornerstone CUL ELEVATE Virtual Expo - Online

September 9
LSCI e-Score Enhancement Workshop - Online

September 15-16
LSCI e-Branch Manager Workshop - Online

September 16
Iowa CUL Virtual Convention - Online

September 17
LSCI e-Underwriter Boot Camp - Online

September 22-24
Heartland CUA & Illinois CUL Boost Virtual Expo - Online

September 22-24
LSCI e-University of Lending - Online
Industry News
Homebuilder Sentiment Jumps to Record High, but Soaring Lumber Prices Could 'Dampen Momentum'

The cost of lumber is soaring not only because of increased demand but because mills shut down in April and May and did not expect to see the kind of strong demand they’re seeing now. There have also been issues with transportation and labor.

cnbc.com
Auto Lending Binge Threatens to Unwind When Stimulus Measures Ease

The decade-long boom in auto lending was fueled by banks/investors that believed auto loans were a safe way to get extra yield while interest rates were low. They relied on lessons from the financial crisis when consumers defaulted on mortgages but kept making car payments. The risk is the excess caused by a flood of investor cash into mortgages could show up in auto lending, resulting in a rise of defaults.

forbes.com
Facts + Statistics: Hurricanes

The official Atlantic hurricane season runs from June through November, but occasionally storms form outside those months. September is the most common month for hurricanes making landfall in the U.S., followed by August and October.

2020 Atlantic hurricane season activity is projected to be extremely active. A typical year has 12 named storms, six hurricanes, and three major hurricanes. By August 26, 2020, 13 named storms had formed and four—Hanna, Isaias, Laura and Marcos—became hurricanes.

Top 10 Costliest Hurricanes in the US
($ = estimated insured loss in billions calculated in 2019)

1. 2005-Katrina, $52.8
2. 2017-Maria, $26.1-31.3
3. 2017-Irma, $26.1-31.3
4. 2017-Harvey, $18.8-20.8
5. 2012-Sandy, $21
6. 1992-Andrew, $25.8
7. 2008-Ike, $20.8
8. 2005-Wilma, $13.2
9. 2018-Michael, $9.2-12.2
10. 2004-Charley, $9.9

iii.com
Raving Fan Review of the Month!

Sent Tuesday, August 11th:

"April was very courteous, easy to work and talk with. I would call her a very knowledgeable and excellent employee. 

April, keep up the good work."
September holidays, fun facts, and folklore!

The last days of summer and the first days of fall are in September! See September holidays, advice, recipes, fun facts, and trivia here!
Connect with Us:
Contact Info:

Phone: 800-749-5440
Website: isicpi.com
ISI is an administrator of Collateral Protection Insurance (CPI) and Blanket Lenders Single Interest (BLSI) for financial institutions. We provide insurance, lending, and marketing products to the financial institution marketplace. Our mission is to deliver the best products and services in the industry through responsive service, comprehensive coverage, and advanced technology. We combine the lender's vision and our proven plan to create a portfolio that matches the lender's needs for a successful program and partnership.