Search found 49 matches
- Tue Mar 31, 2015 3:31 pm
- Forum: Opinions
- Topic: Any and all advice
- Replies: 5
- Views: 19452
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.
- Fri Mar 13, 2015 1:04 pm
- Forum: Opinions
- Topic: How many servicers do you need?
- Replies: 10
- Views: 29650
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...
- Tue Feb 24, 2015 7:29 am
- Forum: Opinions
- Topic: Is Google going to run the independent agent out of business
- Replies: 20
- Views: 147710
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...
- Tue Jan 13, 2015 6:52 am
- Forum: Opinions
- Topic: AI status and 30 day notice of cancel endorsment
- Replies: 15
- Views: 80786
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...
- Mon Jan 12, 2015 6:42 pm
- Forum: Opinions
- Topic: AI status and 30 day notice of cancel endorsment
- Replies: 15
- Views: 80786
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 ...
- Tue Dec 02, 2014 9:54 am
- Forum: Opinions
- Topic: Uber and conveyance
- Replies: 1
- Views: 7340
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...
- Wed Nov 12, 2014 2:24 pm
- Forum: Opinions
- Topic: Insurance Acounting query (minimum earned premium policy)
- Replies: 2
- Views: 6641
Re: Insurance Acounting query (minimum earned premium policy
For whose accounting purposes?
- Fri Nov 07, 2014 12:51 pm
- Forum: Opinions
- Topic: Insured to replacment cost or use extended endorsment
- Replies: 25
- Views: 47102
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...
- Tue Nov 04, 2014 4:22 pm
- Forum: Opinions
- Topic: Minimum and Deposit Premium GL
- Replies: 4
- Views: 13885
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...
- Fri Oct 31, 2014 1:02 pm
- Forum: Opinions
- Topic: Inherited an insurance agency
- Replies: 7
- Views: 15599
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...
- Mon Sep 08, 2014 3:42 pm
- Forum: Opinions
- Topic: Cyber liability Insurance
- Replies: 4
- Views: 7727
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?
- Wed Aug 13, 2014 9:48 am
- Forum: Hard-to-Place Accounts
- Topic: TN long haul trucker, sort of new venture
- Replies: 1
- Views: 7978
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 ...
- 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: 7676
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...
- 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: 7676
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...
- Tue Jan 14, 2014 8:25 am
- Forum: Opinions
- Topic: Homeowners policies and building a new home(Liability)
- Replies: 1
- Views: 6040
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...