Search found 25 matches

by FurriePrincess
Fri May 10, 2019 3:28 pm
Forum: Opinions
Topic: Compensation Ideas: Unique Situation; Inside Producer, Supplied Leads w/Benefits
Replies: 5
Views: 9805

Re: Compensation Ideas: Unique Situation; Inside Producer, Supplied Leads w/Benefits

I worked for an agency of similar make up for 25 years. Our producers did not own the business they wrote, it belonged to the agency. On occasion they were permitted to bring in business that they did own that was not a part of the agency program. They did travel and have expense reimbursements. I c...
by FurriePrincess
Fri May 03, 2019 3:01 pm
Forum: Opinions
Topic: Property and Casualty Exam Tips
Replies: 5
Views: 4670

Re: Property and Casualty Exam Tips

Many states use multiple choice questions. Read each question and the answer options, then read it again. As mentioned above, carefully examine the answers for the BEST answer. Many times you will find some questions that are set up to pick the WRONG answer... those are rewards as it gives you 2 or ...
by FurriePrincess
Thu Nov 13, 2014 5:06 pm
Forum: Opinions
Topic: Insured to replacment cost or use extended endorsment
Replies: 25
Views: 21583

Re: Insured to replacment cost or use extended endorsment

Another side of the coin with this discussion, the insurance companies who are using RCE software that severely underestimates the replacement cost in some areas. I am in an area where the costs are high, both to purchase and for construction. Routinely the RCE comes out 30 to 50 percent under the g...
by FurriePrincess
Thu Sep 26, 2013 12:32 pm
Forum: Opinions
Topic: California Work Comp Class Code detail
Replies: 3
Views: 11174

Re: California Work Comp Class Code detail

It is very easy to find the classes and codes. Register at: http://www.wcirb.com and you can access the current online manual with all the rules and classes.
by FurriePrincess
Fri Mar 22, 2013 4:54 pm
Forum: Opinions
Topic: AI request on form 126 - where do you
Replies: 1
Views: 7385

Re: AI request on form 126 - where do you

Either of those works, but also put it in the hazards (class code & rate) section with Addl Ins BF so if they see it on the rating portion it gets included.
by FurriePrincess
Tue May 15, 2012 2:41 pm
Forum: Hard-to-Place Accounts
Topic: Residential General Contractor - CA Work Comp
Replies: 1
Views: 2165

Re: Residential General Contractor - CA Work Comp

Try Builders & Tradesmen's Insurance- BTIS.com - they have work comp in addition to the contractor's gl
by FurriePrincess
Fri Apr 27, 2012 4:49 pm
Forum: Opinions
Topic: 1-800-Car-Insurance
Replies: 15
Views: 18670

Re: 1-800-Car-Insurance

While words in phone numbers may be catchy... they drive me nuts. I try not to use them.
by FurriePrincess
Fri Nov 04, 2011 10:47 am
Forum: Opinions
Topic: Should An Agency Specialize or have a Niche?
Replies: 12
Views: 6232

Re: Should An Agency Specialize or have a Niche?

I spent 25 years working in an agency that was primarily a niche market specializing in one area. However, we also made it a practice to write all of a client's exposures, personal, primary business, benefits, and any secondary risks such as investment properties or other ventures. When there was a ...
by FurriePrincess
Fri Sep 23, 2011 3:17 pm
Forum: Opinions
Topic: Garage Liability and loaner vehicles
Replies: 8
Views: 6383

Re: Garage Liability and loaner vehicles

He may have a deductible that is more than the damage to the customer's vehicle. Or... no coverage at all or an excluded driver. GKLL does require negligence on the part of the shop... which this would seem to be.
by FurriePrincess
Fri Sep 16, 2011 11:50 am
Forum: Opinions
Topic: Do you recommend bonds or crime insurance?
Replies: 4
Views: 3018

Re: Do you recommend bonds or crime insurance?

I would say that in many cases there is coverage through a crime policy or endorsement providing employee dishonesty on the victim's package policy or bop. I know in the claims I've seen, it was rarely publicized that there was insurance, and the repayment provisions were to reimburse the insurance ...
by FurriePrincess
Thu Feb 10, 2011 3:51 pm
Forum: Opinions
Topic: Diminishing Role of the Agent for P&C Insurance
Replies: 27
Views: 9110

Re: Diminishing Role of the Agent for P&C Insurance

A number of companies offer some variation on the new replacement. Many, however, have exclusions for fire, theft and larceny.
by FurriePrincess
Thu Dec 23, 2010 12:23 pm
Forum: Opinions
Topic: Branding / Name recognition
Replies: 3
Views: 1257

Re: Branding / Name recognition

One option is to use the information provided on the CA Dept of Insurance site. http://www.insurance.ca.gov/0100-consumers/0040-studies-reports/0020-complaint-study/ Often the Travelers, Kemper, etc will have a better rating than the direct writing carriers. A.M. Best ratings (or Moody's or Standard...
by FurriePrincess
Thu Nov 18, 2010 1:19 pm
Forum: Hard-to-Place Accounts
Topic: CA redsidential Earthquake
Replies: 1
Views: 1208

Re: CA redsidential Earthquake

Fidelity National offers a stand alone program.
by FurriePrincess
Fri Sep 24, 2010 11:07 am
Forum: Opinions
Topic: CA Prop.17 - Portable Persistency
Replies: 15
Views: 5848

Re: CA Prop.17 - Portable Persistency

Credit Scoring is not allowed in CA. Besides throwing the whole insurance industry in to a tizzy, Prop 103 at least put the rating values used by insurance companies on an equal footing. It designates the method and order of application in use of the primary and secondary rating factors. At least th...
by FurriePrincess
Fri Jun 11, 2010 2:53 pm
Forum: Opinions
Topic: What would you like to see in the Forums?
Replies: 17
Views: 5341

Re: What would you like to see in the Forums?

Not sure if your Forums system can support this, but for Hard To Place, a form driven input box requesting type of business, state, line, and reasons risk is hard to place, might help draw some faster responses. Some posters don't indicate state or line of business, others have no clue as to the rat...