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Florida Insurance Commissioner Amends Citizens' Take-Out Procedures

Southeast News • March 12, 2008
Florida Insurance Commissioner Kevin McCarty signed an order approving Citizens Property Insurance Corp. take-out plans for the year and requiring Citizens to notify policyholders whose agents ...

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Subject: RE: Forced Take out

Posted On: March 12, 2008, 3:45 pm CDT
Posted By: Brenda
Comment:
It is a service nightmare and the commissions are low. Some have websites, some are not "ready" to provide us with online policy data to be able to help our clients. They are new companies and often they have not even trained their own staff. They do not train us on how they will be providing information to us and our clients so we are left to guess. In most cases, we are given a service contract which does not allow us to place other risks with the company to be able to develop a book with them. With a large book of Citizens, so many take-out companies popping up and each one doing things differently - managing these are difficult at best.
Subject Posted By Posted On
RE: Forced Take out Maria
Mar 19, 2008, 12:52 pm
failing carriers Nathan
Mar 13, 2008, 11:16 am
RE: RE: Forced Take out little guy
Mar 12, 2008, 10:41 pm
RE: Forced Take out Katie
Mar 12, 2008, 6:22 pm
RE: failing carriers actuary
Mar 12, 2008, 4:37 pm
failing carriers 21st century holdings
Mar 12, 2008, 3:51 pm
RE: Forced Take out Brenda
Mar 12, 2008, 3:45 pm
Forced Take out Joe B
Mar 12, 2008, 3:22 pm
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