Search found 49 matches

by rcenters
Tue Mar 31, 2015 3:31 pm
Forum: Opinions
Topic: Any and all advice
Replies: 5
Views: 14580

Re: Any and all advice

Is a sales role on the table? If so, I would recommend you be certain you're prepared for what that would take - cold calling, for example.
by rcenters
Fri Mar 13, 2015 1:04 pm
Forum: Opinions
Topic: How many servicers do you need?
Replies: 10
Views: 17713

Re: How many servicers do you need?

jtownagent, Just curious, how do your agency procedures factor into your CSR requirements? For example : Do CSRs also quote new business, and if so, do they have deep procedures on, for example, limits; someone may walk in asking for $100,000 liability limits but there is a procedure to recommend mo...
by rcenters
Tue Feb 24, 2015 7:29 am
Forum: Opinions
Topic: Is Google going to run the independent agent out of business
Replies: 20
Views: 127852

Re: Is Google going to run the independent agent out of busi

I have not been following this closely; is Google planning to also service policies, or would that be done by carriers? Also, how would Google deal with things outside of the box? For example, individual person decides to self-GC building a home? Will they have a product for that king of thing, or w...
by rcenters
Tue Jan 13, 2015 6:52 am
Forum: Opinions
Topic: AI status and 30 day notice of cancel endorsment
Replies: 15
Views: 59981

Re: AI status and 30 day notice of cancel endorsment

The never ending and growing want for various waivers of subrogation prompted a large Baltimore attorney's group to answer with this idea....... 1 "At this time, it appears as though the best way for insurers to protect themselves from Waiver of Subrogation provisions is to insert clear, thoro...
by rcenters
Mon Jan 12, 2015 6:42 pm
Forum: Opinions
Topic: AI status and 30 day notice of cancel endorsment
Replies: 15
Views: 59981

Re: AI status and 30 day notice of cancel endorsment

As the person that handles contracts/agreements for a major hospital system, and all of our Agreements have that wording, I'd probably wind up telling you you're being a twit with that sort of request and attitude. There's also a good chance that I'd make the recommendation we not do business with ...
by rcenters
Tue Dec 02, 2014 9:54 am
Forum: Opinions
Topic: Uber and conveyance
Replies: 1
Views: 4888

Re: Uber and conveyance

On the pizza delivery driver part - would most personal carriers pursue a subrogation against the uninsured driver and/or the pizza restaurant itself? If not, why not? Is it because the pizza restaurant would not likely be found liable? (I know why they might not pursue the uninsured kid doing the d...
by rcenters
Wed Nov 12, 2014 2:24 pm
Forum: Opinions
Topic: Insurance Acounting query (minimum earned premium policy)
Replies: 2
Views: 4465

Re: Insurance Acounting query (minimum earned premium policy

For whose accounting purposes?
by rcenters
Fri Nov 07, 2014 12:51 pm
Forum: Opinions
Topic: Insured to replacment cost or use extended endorsment
Replies: 25
Views: 31155

Re: Insured to replacment cost or use extended endorsment

I am not experienced with personal lines, so I can't speak from experience, but I am interested in this topic... So, I googled and selected the first ERC endorsement I could find, which happened to be: http://www.mutualofenumclaw.com/site/features/Forms/HOM091%20Current.pdf Don't know who that insur...
by rcenters
Tue Nov 04, 2014 4:22 pm
Forum: Opinions
Topic: Minimum and Deposit Premium GL
Replies: 4
Views: 8973

Re: Minimum and Deposit Premium GL

Surplus lines policies can often be written that way. Not impossible in the standard market, but unusual. Hasn't happened to me, but I've seen a situation where an Umbrella quote was auditable and also minimum annual earned, and it was shown on the both the quote (and the CSR missed it and didn't br...
by rcenters
Fri Oct 31, 2014 1:02 pm
Forum: Opinions
Topic: Inherited an insurance agency
Replies: 7
Views: 7249

Re: Inherited an insurance agency

As already mentioned, education is key. There are many concerns that insurance companies might have about your situation, but here are two big ones: 1. Will you be able to sell and retain the accounts you have? You might consider bringing in an experienced producer if necessary/possible. 2. Do you h...
by rcenters
Mon Sep 08, 2014 3:42 pm
Forum: Opinions
Topic: Cyber liability Insurance
Replies: 4
Views: 4638

Re: Cyber liability Insurance

Are there any carriers whose cyber that you can package on their BOP/PKG approaches the value of some of the standalone policies?
by rcenters
Wed Aug 13, 2014 9:48 am
Forum: Hard-to-Place Accounts
Topic: TN long haul trucker, sort of new venture
Replies: 1
Views: 4652

TN long haul trucker, sort of new venture

Have a trucking prospect in our office, and currently their business entity is an individual dba. The owner was in business over 10 years and we have 5 year loss runs with only 1 accident, everything in that respect is good, but the owner retired and hired a driver. He is passing the business on to ...
by rcenters
Fri May 30, 2014 4:02 pm
Forum: Opinions
Topic: Building and Autos in the personal name(which is not a N.I.)
Replies: 3
Views: 5035

Re: Building and Autos in the personal name(which is not a N

I haven't run into many companies that won't do this in GL/Property, but there are several that won't do it on Auto. As for the one that won't do it for BOP in this case, yes it's possible to find another carrier that will, but my issue is with the producer/other insurance personnel, they don't beli...
by rcenters
Thu May 29, 2014 7:58 pm
Forum: Opinions
Topic: Building and Autos in the personal name(which is not a N.I.)
Replies: 3
Views: 5035

Building and Autos in the personal name(which is not a N.I.)

This is actually two questions in one, they just happen to be the same issue but for different policy types. If we have a building owned in the personal name, which is not a named insured, isn't this a coverage gap? As I'm sure you are aware, many insurance companies will not combine the personal na...
by rcenters
Tue Jan 14, 2014 8:25 am
Forum: Opinions
Topic: Homeowners policies and building a new home(Liability)
Replies: 1
Views: 4109

Homeowners policies and building a new home(Liability)

There are two situations here and basically I am trying to confirm that there is or is not any coverage under Homeowners for liability arising from building your own home. Situation one is when the homeowner acts as their own GC. I happen to be looking at Erie's homeowner form and I can't find any s...