Posted On: July 8, 2009, 12:40 pm CDT

Posted By: Macster

Things I remember

Building rates were issued by the ISO via pages in a binder - the company I worked for had two people who worked full time updating the binders each day. We actually had a map on the wall of L.A. proper with push pins to designate where we had policies

Telex machines that were used to correspond with Lloyds. We had to be short, sweet and to the point when typing due to cost. I could never read the long reams of yellow paper that just had dots and dashes on it but there were underwriters who could.

Getting a bonus as a policy typist when I went over the minimum number of lines I typed on a policy, and being paid for speed

Being in awe of the liability underwriter who made an incredible 435.00 a month

Asking an underwriter as recently as last week if they used the 438 BFU as I had a lender that wanted that particular endorsement. He replied that he never heard of that endorsement - and what did it change on the liability part of the policy.

And of course the infamous binders issued on napkins from the local bar :) People who worked in the Insurance Corridor in the early 70's will remember these

M