If you're experienced in the surplus lines business and are already known and trusted by the carriers that you want to represent, and have a solid business plan that will show the companies just how you'll get them a reasonable volume of business, you've got a good shot at getting appointments. Anyt...

Broker of Record.Sounds great! We have a new client with no marketing for the time being. The BOR letter asks that the policy and all the endorsements be forwarded to us THE NEW BROKER after the 10 day waiting period. -- I wish. When was the last time you received the current information from the c...

But, to be fair, d's insurance store, you don't know whether or not Products/Completed Operations is included or excluded from that policy. At least, you didn't reveal any specific knowledge in your post. Granted, it's a cheap price, but we've all seen insurance products underpriced. I think I'd ref...

Lauren is exactly right. The event is covered by their homeowners policy. If they need higher limits, sell them a personal umbrella. The only way you run into problems is if the venue insists upon being named as additional insured. The homeowners carrier, in all likelihood, will not agree to do so a...

Of course, you ought to return the commissions for the unearned premium. It's not your money to keep. Any time an insurance policy is cancelled by a company, regardless of the reason, an agent has to put in some effort to replace coverage. That doesn't justify keeping unearned commissions. Do the ri...