Search found 35 matches

by earlybird
Tue Aug 18, 2015 10:54 am
Forum: Hard-to-Place Accounts
Topic: Hard to find market for Knockerball
Replies: 4
Views: 25798

Re: Hard to find market for Knockerball

Try Prime Syndicate/EIB in Sandy Utah. They may provide coverage. You may "google" it.
by earlybird
Thu Jul 23, 2015 11:17 am
Forum: Opinions
Topic: I was hired as CSR; now owner demands I be a producer
Replies: 16
Views: 77696

Re: I was hired as CSR; now owner demands I be a producer

Well this real life scenario reminds me of The Golden Rule, "He who has the gold, rules! Also, I am reminded of the famous country song of Johnny Paycheck, "Take this job and shove it." Large retail agencies are probably more likely to have a CSR job description and stick to it. if yo...
by earlybird
Mon Jun 22, 2015 2:06 pm
Forum: Opinions
Topic: Becoming an underwriter
Replies: 6
Views: 41122

Re: Becoming an underwriter

Fast tracking the remaining CPCU classes will certainly enhance your resume, with an insurance carrier, not neccessarily with an agency, since that bunch is sold the CIC bill of goods. Back in the day, many underwriters did become independent agents, but today, not so. The opportunities with large i...
by earlybird
Thu May 28, 2015 12:14 pm
Forum: Hard-to-Place Accounts
Topic: WC California - Small Urgent Care Visits - Good or Bad
Replies: 1
Views: 19585

Re: WC California - Small Urgent Care Visits - Good or Bad

As a former claims person, although not in CA, I suspect that the employer is violating CA law by not reporting the injury to the Industrial Commission or whatever it is called in CA. That would subject him to fines. Also, he already has a problem as a result of not reporting injuries, particularly ...
by earlybird
Wed Dec 04, 2013 12:13 pm
Forum: Opinions
Topic: Affordable Care Act: A Brief Explanation
Replies: 5
Views: 7264

Re: Affordable Care Act: A Brief Explanation

Not only is the explanation "brief" it is incorrect in that it says none of the premium is applied to administrative cost. There is a maximum % of the premium that can be charged to administrative costs. And the added benefits are nice, but there is a cost attached to them. And that "...
by earlybird
Mon Sep 16, 2013 10:52 am
Forum: Opinions
Topic: Certificates of Insurance ???
Replies: 4
Views: 10259

Re: Certificates of Insurance ???

If you endorse a policy, you must send a copy of the endorsement to the insured. You are getting paid a commission to handle the insured's account. Earn it!!! Having handled E & O claims for a major direct writer, it is clear that most resulted from a lack or common sense and laziness on the par...
by earlybird
Fri Oct 26, 2012 12:51 pm
Forum: Opinions
Topic: Designation Suggestions
Replies: 9
Views: 25036

Re: Designation Suggestions

Having earned both CIC and the CPCU designations, CIC is basically "Insurance 101" for agency personnel while the CPCU and CRM programs will provide a comprehensive world view of the insurance industry, including risk analysis, rate making, reinsurance, accounting and economics. When the C...
by earlybird
Fri Sep 07, 2012 8:23 am
Forum: Opinions
Topic: Track Your CSR's Daily Sales Activity
Replies: 14
Views: 13453

Re: Track Your CSR's Daily Sales Activity

If the agency has any kind of management system for recording sales and commissions, it will tell you which employees are producing. In our agency, all employees except administrative are on some commission basis. Commission is easy tracked and the incentive is a bigger paycheck.
by earlybird
Fri Aug 31, 2012 2:28 pm
Forum: Opinions
Topic: Progressive Weasling?
Replies: 17
Views: 11638

Re: Progressive Weasling?

What amazes me, is the comments made by what I presume to be insurance "professionals" in response to the newspaper story. It is clear that many are misinformed or totally uninformed. The accident that took Ms. Fisher's life was a tragedy. If the writer wanted to get a clear understanding ...
by earlybird
Fri Aug 17, 2012 12:11 pm
Forum: Opinions
Topic: Adding Value? Who Cares? And, who gets mad?
Replies: 19
Views: 11720

Re: Adding Value? Who Cares? And, who gets mad?

"Adding value" or doing what you are required to do as an agent of the insurer, is the question. Knowledge to the agent is knowledge to the insurer. If you dont report the insured's "claim" you have left yourself wide open to an error and omission claim and possibly a "bad f...
by earlybird
Mon Jul 09, 2012 11:12 am
Forum: Opinions
Topic: Agent no legal duty to inform on cancellations?
Replies: 37
Views: 213938

Re: Agent no legal duty to inform on cancellations?

After 42 years in this business, from claims, underwriting, retail and wholesale, let me offer this advice. Use common sense. If you have an insured that pays a premium of $100,000 per year. You get paid a substantial commission. He misses a payment. Are you going to try and keep that account and th...
by earlybird
Mon Oct 17, 2011 11:00 am
Forum: Hard-to-Place Accounts
Topic: Salary- CPCU
Replies: 29
Views: 142196

Re: Salary- CPCU

I am a CPCU with 40 years of experience, claims and sales. CPCU is a worthwhile endeavor, but so is the CIC program. CPCU is more complex and gives a "bigger picture." The CRM program likewise gives itse designees a broader understanding of risk and how to deal with it. The people who make...
by earlybird
Mon Oct 03, 2011 10:40 am
Forum: Opinions
Topic: Do you purchase Damage Waiver when renting a car?
Replies: 24
Views: 26317

Re: Do you purchase Damage Waiver when renting a car?

If you are an insurance agent and are asked by an insured, you had better tell them "yes, buy it." The auto coverage that you write will not pay the rental company for diminished value NOR the loss of income it would have earned during the repair or replacement of the rental unit. The rent...
by earlybird
Fri May 20, 2011 10:57 am
Forum: Hard-to-Place Accounts
Topic: watercraft (jetski )rental
Replies: 3
Views: 4374

Re: watercraft (jetski )rental

First Flight Insurance Group offers that coverage through a Lloyd's syndicate, subject to a $5,000 minimum premium. . You can access them through Crump Insurance, Orlando office, at
407-678-4552, ask for Yamil Barrios.
by earlybird
Fri Mar 25, 2011 11:17 am
Forum: Opinions
Topic: What is your broker of record policy?
Replies: 10
Views: 10149

Re: What is your broker of record policy?

As a wholesaler and Lloyd's cover holder, we have a niche market and many agents competing for the same business. We do not accept BOR's. When we did, we spent too much time with 5 day letters back and forth, so now we refuse them. I have not had a problem with our existing agent force, as they unde...