Search found 37 matches

by JohnnyLaw
Wed Jan 25, 2017 11:49 am
Forum: Opinions
Topic: Coverage for Knights of Columbus Hall
Replies: 7
Views: 4179

Re: Coverage for Knights of Columbus Hall

George I would confirm with underwriter, however I see it GL code 44227 which is for halls. 41668 appears to
be more aligned with a club, however this club is using facility as a hall. I am in TX and would take it to surplus.
by JohnnyLaw
Fri Jan 13, 2017 12:01 pm
Forum: Hard-to-Place Accounts
Topic: Painter with job above 3 stories
Replies: 3
Views: 4803

Re: Painter with job above 3 stories

I am in TX, and have had the same issue with iron & steel erectors. They will go over two stories and when they do that exposure applies which is expensive. I have written these through Surplus, if they grow and get to be a more middle market size then Travelers and other admit will entertain. Do no...
by JohnnyLaw
Fri Dec 02, 2016 12:04 pm
Forum: Hard-to-Place Accounts
Topic: Need Home Ins in Ca with Pit Bull
Replies: 2
Views: 4164

Re: Need Home Ins in Ca with Pit Bull

Hello Trotter, do not know about CA as in TX but have written personal through broker RPS that offered reduced limit of 25K for pets.
by JohnnyLaw
Tue Oct 11, 2016 10:28 am
Forum: Hard-to-Place Accounts
Topic: WC Market MLR Risk bad Losses
Replies: 3
Views: 8252

Re: WC Market MLR Risk bad Losses

Thanks Big Dog, was in LP for over 15 years, well versed. What I am more interested in is the best market for a account of this nature in my neck of the woods. i.e. large with bad losses. Currently it is being marketed through SIAA chapter, HIIG declined, and through one MGA I use US Risk. Have othe...
by JohnnyLaw
Mon Oct 10, 2016 11:48 am
Forum: Hard-to-Place Accounts
Topic: WC Market MLR Risk bad Losses
Replies: 3
Views: 8252

WC Market MLR Risk bad Losses

Texas

Guys, asking for advice on placing a monoline WC Account out of Texas that is a wholesaler of building materials. They are in : TX, SC, CA, TN, AR, AL, OK, and CO. This account will have substandard loss ratio, and asking for some LP intervention. Thank you in advance
by JohnnyLaw
Fri Sep 09, 2016 1:21 pm
Forum: Opinions
Topic: Client wnders why his HO premium went up
Replies: 9
Views: 10072

Re: Client wnders why his HO premium went up

I don't know what size agency you are but this is a big problem for small agencies like mine. Most of my clients are commercial, and I get referral's sometimes from them for this type of individual. Basically because it is a problem friend/client of theirs and they need to give them direction. So it...
by JohnnyLaw
Tue Jun 28, 2016 10:53 am
Forum: Opinions
Topic: Certs - when will agents all get on the same page
Replies: 8
Views: 12235

Re: Certs - when will agents all get on the same page

GC's holding back monthly draws because of wording on a COI is a old standby. This gives them more float. Puts the agent in a very precarious situation as the client is not getting paid their monthly payment due to your COI. Again your client should look into joining the local chapter of the ASA. At...
by JohnnyLaw
Tue Jun 28, 2016 10:44 am
Forum: Opinions
Topic: OCIP and credits given
Replies: 7
Views: 11924

Re: OCIP and credits given

This must be a small job I would be curious to how much the contract price is, or is it a contract? Reason I ask is the insurance requirements in the bid packet should have indicated a OCIP. However this is a slippery slope not knowing the relationship with the GC and the client.
by JohnnyLaw
Mon Jun 27, 2016 10:33 am
Forum: Opinions
Topic: OCIP and credits given
Replies: 7
Views: 11924

Re: OCIP and credits given

Worked for a very large Electrical Sub for years with one hat being RM duties. The best source Subs have is an organization called the ASA or American Subcontractors Association. They have monthly meetings and main premise is 1. Pay when Paid 2. Change Orders 3. Indemnification. They will have a lob...
by JohnnyLaw
Mon Jul 20, 2015 11:06 am
Forum: Hard-to-Place Accounts
Topic: Trucking Owner-Operator Credit Insurance
Replies: 1
Views: 19690

Re: Trucking Owner-Operator Credit Insurance

I have used Euler Hermes out of Dallas for these policies. My agency in Texas. I give them two thumbs up.
by JohnnyLaw
Tue Jul 14, 2015 11:01 am
Forum: Hard-to-Place Accounts
Topic: Texas Contract Labor
Replies: 0
Views: 21616

Texas Contract Labor

Looking for a Broker /Market to acquire GL insurance for a risk in TX. whom provides labor for a factory environment . The risk hires insured companies to perform trade work. These companies provide risk and his client with a COI. Gross Sales is approx. 1-2M this year and to double the next year, an...
by JohnnyLaw
Wed Apr 22, 2015 10:51 am
Forum: Opinions
Topic: Brand new agent starting up a retail front
Replies: 8
Views: 18391

Re: Brand new agent starting up a retail front

Claire , enjoyed your post as my situation is similar with the exception of the size of your book and looking after elderly family and friends. I am curious , what do you spend $150 marketing on?? Thanks for the post.
by JohnnyLaw
Thu Apr 09, 2015 10:31 am
Forum: Opinions
Topic: Any and all advice
Replies: 5
Views: 12592

Re: Any and all advice

Totally agree with D and the others, concentrate on commercial accounts. Also I would add this, get out on your own as a independent, fast track it. This will require a mentor. My regret is waiting till I was in my 40's.
by JohnnyLaw
Tue Mar 10, 2015 11:00 am
Forum: Opinions
Topic: How many servicers do you need?
Replies: 10
Views: 12510

Re: How many servicers do you need?

Thanks YoYo that is very helpful.
by JohnnyLaw
Thu Mar 05, 2015 11:35 am
Forum: Opinions
Topic: How many servicers do you need?
Replies: 10
Views: 12510

Re: How many servicers do you need?

Hi Gabriel I would have to reply that it depends on the service model and these customers. Some are extremely low maintenance while others can be very high maintenance. Personally can say that commercial accts. 20X the premium can be less maintenance than one very thrifty personal P&C customer. So w...