Posted On: September 28, 2004, 5:32 pm CDT

Posted By: Melissa

We are wholesalers and use both non admitted and admitted markets. The companies we represent on both sides were hit very hard in the October fires of last year. After reviewing the applications of those risks lost in fires, almost every application stated "NO" on the question asking if there is any brush exposure. Since then, we have been using riskmeter, we are now able to catch these "misrepresented" applications prior to binding and subjecting our good companies to losses. This helps their loss ratios. If the loss ratios are lower, then the companies will charge lower premiums. Why don't Mr. Garamendi and his followers get that???????