Search found 208 matches
- Mon Jun 27, 2016 1:42 pm
- Forum: Opinions
- Topic: Certs - when will agents all get on the same page
- Replies: 8
- Views: 24807
Certs - when will agents all get on the same page
Been fighting a lot lately with the general contractors that my subs have contracted with. One example - Client has broad form AI that has the normal verbal about Any person that you have agreed by written and signed contract will be an Additional Insured. As recommended by many E&O attorneys we...
- Mon Jun 27, 2016 1:22 pm
- Forum: Opinions
- Topic: OCIP and credits given
- Replies: 7
- Views: 24178
Re: OCIP and credits given
When my client originally quoted the job, they weren't told about the OCIP. SO after awarded the job, my client was sent the OCIP paperwork. In my opinion if they had originally known that the OCIP was in place, they could have bid higher and then if awarded the work, they would have had room to giv...
- Fri Jun 24, 2016 2:08 pm
- Forum: Opinions
- Topic: OCIP and credits given
- Replies: 7
- Views: 24178
OCIP and credits given
Ok to start off with yes I understand the claims efficiency, etc. that an OCIP brings to the table. My question is the credit that a subcontractor might give to an OCIP. If the General Contractor wants to have an AI status, the subcontractors insurance company limits are still at risk. So why should...
- Thu Jan 14, 2016 8:12 pm
- Forum: Opinions
- Topic: Workers comp ghost policy
- Replies: 12
- Views: 180617
Re: Workers comp ghost policy
I brought up the 1099 as an issue where the contract owner would think that any WC policy would be covering a worker that the contract owner would see on the job. I was just wondering what people thought of the arrangements. Our State Workers Insurance Fund may have something for the guy but there a...
- Thu Jan 14, 2016 10:55 am
- Forum: Opinions
- Topic: Workers comp ghost policy
- Replies: 12
- Views: 180617
Workers comp ghost policy
This morning I had a health insurance customer call me and ask what I think about a situation. My health insurance customer is a plumber and has never had an employee. One of the contracts that he wants to sign requires he send a WC COI to them proving he has WC coverage. His Erie agent said that fo...
- Fri May 22, 2015 6:26 am
- Forum: Opinions
- Topic: They only worried about a checked box
- Replies: 0
- Views: 23937
They only worried about a checked box
I just went round and round with a third party certificate management company. I kept getting a response from them that said The General Aggregate Limit must apply on a Per: Project/Location basis. Hm? It exists and I had already sent a copy of the Endorsement so just in case they didn't receive the...
- Wed May 20, 2015 7:46 am
- Forum: Opinions
- Topic: Thrid Party Cert Managment Wants to Be cert holder
- Replies: 4
- Views: 21422
Re: Thrid Party Cert Managment Wants to Be cert holder
I read all contracts and I also read the one in question. It is an AIA A401contract and all insurance requirements are met. The request for who is to be named Holder is fluff and not a contractual obligation. My State DOI has an informational piece that writes what a COI does and doesn't do. Sometim...
- Mon May 18, 2015 9:38 am
- Forum: Opinions
- Topic: Thrid Party Cert Managment Wants to Be cert holder
- Replies: 4
- Views: 21422
Re: Thrid Party Cert Managment Wants to Be cert holder
I was hoping you would respond because I remember you work for a hospital. The person requesting the COI is a large national construction company with const companies that work under different names. I called the Const company to voice my concerns and we reached a decision for cert holder. 1. Add th...
- Sat May 16, 2015 5:53 am
- Forum: Opinions
- Topic: Thrid Party Cert Managment Wants to Be cert holder
- Replies: 4
- Views: 21422
Thrid Party Cert Managment Wants to Be cert holder
I recently received a requests to send certs to a third party administrator of certs. I prepared the cert and accompanying package of endorsements as I always do. I received an e-mail back saying that the WC doesn't meet statutory requirements. Hm? The contract requirement is 100/500/100. My client ...
- Wed Jan 28, 2015 11:41 am
- Forum: Opinions
- Topic: Take the Harford "Agent's Challenge"
- Replies: 28
- Views: 62380
Re: Take the Harford "Agent's Challenge"
You don't see the big picture do you. If I could use charts to show the labor capital / labor efficiency problem that is coming I would do it for You. Just as the laws of kinetics says that it is impossible to reach 100% efficiency it is also impossible to reach 100% economic efficiency. To do so wo...
- Wed Jan 21, 2015 11:38 am
- Forum: Opinions
- Topic: Take the Harford "Agent's Challenge"
- Replies: 28
- Views: 62380
Re: Take the Harford "Agent's Challenge"
Solidifies my belief that most insurance companies selling auto & home are nothing more than street walkers and if they can save a dime, they will sell you out in a heartbeat. Years ago I used to argue with people who spoke about economies benefited from cutting out the middle man. I'd ask who i...
- Tue Jan 20, 2015 2:36 pm
- Forum: Opinions
- Topic: AI status and 30 day notice of cancel endorsment
- Replies: 15
- Views: 77643
Re: AI status and 30 day notice of cancel endorsment
Ha ha! I'm laughing because I get COI samples from the GC showing how I am to write the COI. I kindly send them a note about Accord's rules / copyright and that COI that they are showing as a sample, the one with a date of 2009....well Accord would have a problem with it. Finally after years and yea...
- Tue Jan 20, 2015 2:09 pm
- Forum: Opinions
- Topic: AI status and 30 day notice of cancel endorsment
- Replies: 15
- Views: 77643
Re: AI status and 30 day notice of cancel endorsment
Well I don't know but the State I live in a State that has anti-indemnity statutes but I read contracts that pretend otherwise. SO reading that you only care about "your" employer makes me wonder, do people in your position care about State statute, about good public policy or just to have...
- Tue Jan 13, 2015 3:23 pm
- Forum: Opinions
- Topic: Nationwide
- Replies: 6
- Views: 12581
Re: Nationwide
I know several Nationwide owners and I don't think they've ever considered Nationwide to be a big player in the commercial arena. AO and HO yes, with some life but commercial.....I wouldn't call them a commercial player. Good afternoon everyone, I'm in Birmingham, AL, new to Insurance Journal and ha...
- Tue Jan 13, 2015 12:11 pm
- Forum: Opinions
- Topic: AI status and 30 day notice of cancel endorsment
- Replies: 15
- Views: 77643
Re: AI status and 30 day notice of cancel endorsment
The idea was not mine, it was from something read from the legal firm Niles, Barton & Wilmer and was mentioning a PA Superior Court case. Yep it is heading more and more into the throw the crap against the wall and see if it sticks mentality of risk transfer. The problem is that the court cases ...