Mhutch69-Read the same issue. The majority opinion held that there was one previous instance, several years in the past, which the court stated did not constitute a repetitive action or business model. The narrow scope of the majority opinion seems to imply that anything more than a one-time or isol...

Not to beat a dead horse, but with 35 years experience in Financial Services (ser 7/63/65, L&H, P&C), I am willing to bet that price was an objection (or would have been) had permanent insurance been proposed vis-a-vis the term that was purchased. Thirty year term was available even back the...

Just a quick comment on the term insurance...why didn't the agent discuss the conversion privilege under almost all term policies? Best of both worlds-invest the difference and, if circumstances change, still have the option to continue on a permanent insurance basis. As to Dateline, they make their...

Scott offered a very good summary; I would just add: old employer learned that they didn't lose much in an employee

That is akin to being a dual agent in Real Estate. You cannot serve two masters. How can you try to convice the one side to accept lower limits, while advising the client to purchase higher limits. Guess who is on the hook if there is a large claim? All fingers will point to the broker and a good la...

Thinking of expanding P&C business to Arizona, Texas, Florida and South Carolina. Have called two State Insurance Departments (AZ & TX) and get conflicting answers. Is anyone aware of permission to charge broker fees' regulations and/or restrictions in those states? Have always used disclosu...

Volstrike, would you please clarify on Revenue Book of Business? Have seen it referenced to premium, agency gross commission, agent net commission, etc. Thanx

Back to the legal vs. ethical discussion of a few weeks ago (regarding leaving an agency and contacting that agency's clients) This time it is the opposite. It is illegal; she is commiting fraud against the carrier and her employer. The carrier pays out and the employer's rates go up. Cut and dry! Y...

I guess the only "trade secret" is what is fair play in the marketplace. Does Black's also differentiate between legal and ethical? The NASD very specifically does cover this subject in their required Continuing Education course. It seems all anybody cares about is the LEGALITY; guess that...

For some reason, my screen name did not post the first time. This is Jackweho. Just finished my 4 hr Ethics Continuing Ed for CA renewal. Two rules were prominently discussed: 1.Golden Rule: "Do unto others as you would have them do unt you" or to paraphrase:Treat others as you would like ...

If you were on salary, your allegience is to your employer. One way or the other, he paid for that business-either by paying you or generating the lead that directed the customer to the office. Nowhere did you state that you had any hand in soliciting the customer. All that aside, where are your eth...

Promised that I was not going to re-enter forums but this is too much. From what I can summarize, you feel like you should be given something for nothing, crying discrimination, poverty, gender bias, and the like. You consider insurance a "racket", and want to do something else once you ha...

Happy for your success. What carrier/MGA finally bound it-would appreciate for future reference?
Thanx-have a great fourth of July

your point being...?

Signing off this forum for good and going back to what I love to do -bind coverage!

why is it that you see the same people spending countless hours on forums? Do they not produce business? One in particular, whom I shall not name, has stated that she is new to the business. If you spend all day "chatting" how the hell are you ever going to sell anything. I enjoy some of t...