WARRANTECH CORP <WTEC.O> AGREES INSURANCE
Warrantech Corp said it agreed with
Providence Washington Insurance Group to insure Warrantech's
obligations on its Extended Service line of business.
    The company said that last year it wrote over 1.9 mln dlrs
of extended service plans representing over 20 mln dlrs' worth
of electronic products.
    The company said the agreement will enhance its future
business opportunities, as an important aspect for it is the
flexibility, credibility and aggressiveness of its insurance
company.
 Reuter
