DALLAS--(BUSINESS WIRE)--Apr 24, 2026--
EFG Companies took home an American Business Award ® (ABAs) with a Silver for Achievement in Product Innovation in the 24 th annual Stevie ® Award-based competition. Recognizing the powersports industry’s groundbreaking Million Mile Limited Engine Protection Loyalty Program, this award reflects the company’s commitment to meeting client profitability goals while helping consumers avoid costly repairs. The ABAs recognize outstanding new products and services from public, private, for-profit, and non-profit companies operating in the USA. For more information, visitwww.efgcompanies.com.
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Silver American Business Award for Achievement in Product Innovation
The SilverAward in Product Innovation recognizes the company’s development of the powersports Million Mile Limited Engine Protection Loyalty Program product, designed to address challenges facing both powersports dealers and consumers. A unique program in the powersports industry, the Million Mile Loyalty Program provides dealers with:
Consumers benefit from complimentary protection, shielding them from costly repairs to the most critical component of their vehicle – the engine. To date, EFG’s Powersports division has generated a 42% increase in year-over-year revenue, the majority of which is attributable to the launch of the Million Mile program. The increase is reflected both in the organic growth of existing client accounts and the rate of new account acquisition. EFG projects that its dealerships will increase unit sales by 11% and add approximately $325 in revenue per powersports vehicle sold.
Judges commented, “EFG Companies presents a compelling product innovation with the Million Mile Limited Engine Loyalty Program, clearly articulating its market need and dealer value proposition. The quantified results — 42% YOY revenue growth, 12 new dealership groups, and $325 incremental revenue per vehicle — are impressive.”
“This award validates what matters most to us — innovation that directly delivers measurable revenue for our dealer partners,” said Jennifer Rappaport, President and CEO of EFG Companies. “The Million Mile Loyalty Program was intentionally built to help powersports dealers grow back-end revenue, strengthen customer relationships, and boost repeat service traffic in a challenging economic environment. We’re honored to be recognized for a product that delivers real, bottom-line impact.”
2026 marks the third year to receive an American Business Award product award and the twelfth consecutive year the company has been recognized with multiple awards for national excellence. EFG has now received 15 Gold Stevie awards for the company’s dedication to setting the bar high in the consumer protection product industry for client engagement and overall customer experience.
About EFG Companies
For almost 50 years, EFG Companies has provided consumer protection programs for vehicles and residences across seven market channels. The company’s strategic intent is to build sustainable market differentiation and profitability for its clients and partners, including dealers, lenders, manufacturers, independent marketers, and agents. EFG’s award-winning engagement model is built upon the belief that the company serves as an extension of its clients’ management teams, providing ongoing F&I development, training, product development, compliance, and nationally recognized product administration with an ASE-certified claims team. Learn more about EFG at: www.efgcompanies.com
About the American Business Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, the American Business Awards ®, the International Business Awards ®, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, the new Stevie Awards for Technology Excellence, and the Stevie Awards for Women in Business. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. More than 1,000 professionals around the world participate in the Stevie Awards judging process each year. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
EFG Companies took home an American Business Award® (ABAs) with a Silver for Achievement in Product Innovation in the 24th annual Stevie® Award-based competition. The award recognizes the powersports industry’s groundbreaking Million Mile Limited Engine Protection Loyalty Program, designed to address challenges facing both powersports dealers and consumers.
ITHACA, New York (AP) — Cornell students thronged a campus plaza to protest the university's response to allegations of sexual assault at a fraternity house, and the school's main administration building was splashed with graffiti and damaged overnight.
At a demonstration that overflowed the large space in front of the school's student center, students and others wore purple ribbons and held signs with such messages as “support survivors, expel rapists” and “Justice 4 every Jane Doe" — the name by which the woman who reported the assault is known in court papers. Others watched from pathways, windows, and a nearby hill.
“Too often, we are met with silence, we are met with statements, we are met with procedures, but not enough support,” student Athena Holloway told the crowd. “How much does it take for our university to stand with survivors?”
The Ivy League school has been trying to quell a firestorm — on campus and beyond — over its handling of the alleged 2024 gang rape. Early Monday, the university found signs of the anger on the very walls of its administrative headquarters.
Holes were knocked into one of the building's glass doors, and the walls beside them were marked with red-painted messages condemning patriarchy and the Ivy League school’s handling of sexual assaults, news media photos showed. Later Monday, the graffiti was removed and the door was boarded up.
Cornell spokesperson Kyle Kimball said in a statement that the university was investigating and that “damaging property is not the answer” to Cornellians' “frustration and strong emotions.” Campus police referred questions to his office, which declined to provide more detail on the incident.
A then-student alleges that she was sexually assaulted by multiple Chi Phi fraternity members in October 2024 after being pressured into drinking and taking drugs.
The woman, identified in court documents as Jane Doe, recently sued the university, seven former students, the fraternity and others. Her lawsuit said that she became fully incapacitated as fraternity members assaulted her, and that one man sent others a message inviting them to participate.
“I felt like bait. I felt like lions around me. It just was a totally debilitating place to be in,” she told Cornell investigators last year, according to records reviewed by The Associated Press.
Lawyers for two of the former students denied they participated in a sexual assault. Attempts by The Associated Press to reach the other men or their representatives have been unsuccessful. Court records show that some of the accused students, when interviewed by Cornell investigators, described the sexual activity as consensual.
Shortly before she went to Cornell police in November 2024, Jane Doe recorded a phone call with one of the men she says raped her, ABC News reported Monday, saying it had obtained the recording. The network played portions, containing only what it said was his voice, and recounted other parts of the conversation in writing.
According to ABC, the man told her that after dancing with her for five minutes or less, he suggested a three-person encounter. He maintained that she agreed to it, and that he then fetched the second Chi Phi member from the dance floor.
Her lawsuit says she was too intoxicated to give consent.
On the call, she tried to pinpoint who else later came into the room, ABC said. The man suggested both he and she might be misremembering something that's “not true,” but she countered that she recalled looking up and seeing “too many people” there.
“What y’all did would be classified as gang rape,” she told him at one point, according to the network, which said she had provided the recording to the university.
The suit has drawn national attention to what Cornell, its police force and the local district attorney did after she told the campus police in November 2024 she “can say with 100% confidence I was raped.”
No criminal charges have been filed. The Chi Phi chapter at Cornell was shut down, and the Ivy League university has said it expelled some students and suspended others. In a statement last week, the administration bristled about the “false narrative that there were minimal consequences in this case.”
Students, however, have demanded more accountability and transparency, and New York Gov. Kathy Hochul has said Jane Doe was “failed by people and institutions" including the Cornell police and local District Attorney Matthew Van Houten.
Hochul appointed the state attorney general last week to take over a criminal investigation that Van Houten had reopened days earlier, and the governor called for an independent review of Cornell’s handling of the matter.
After the week's developments, Cornell President Michael Kotlikoff released an apologetic video Saturday, saying that Jane Doe's account “raises heartbreaking and troubling issues about sexual assault, dehumanization and aspects of party culture, alcohol and drug use.”
Kotlikoff reaffirmed his support for an independent review of the university's actions and vowed more transparency and a commitment to "finding the answers our community deserves.”
Associated Press writer Jennifer Peltz contributed from New York.
The Chi Phi fraternity house is seen at Cornell University, Monday, Oct. 5, 2026, in Ithaca, N.Y. (AP Photo/Adrian Kraus)
A sign stands outside the Chi Phi fraternity house at Cornell University, Monday, Oct. 5, 2026, in Ithaca, N.Y. (AP Photo/Adrian Kraus)
The Chi Phi fraternity house is seen at Cornell University, Monday, Oct. 5, 2026, in Ithaca, N.Y. (AP Photo/Adrian Kraus)
A sign is displayed on a door at Day Hall after damage and graffiti overnight was cleaned up at Cornell University, Monday, Oct. 5, 2026, in Ithaca, N.Y. (AP Photo/Adrian Kraus)
A Cornell University police car is seen parked on campus at Cornell University in Ithaca, N.Y., Thursday, Oct. 1, 2026. (AP Photo/Matt Rourke)
