Search found 7 matches

by Erik M. Olsen, CIC
Thu Sep 18, 2014 11:00 am
Forum: Opinions
Topic: Who's your favorite personal lines carrier?
Replies: 5
Views: 20670

Re: Who's your favorite personal lines carrier?

Golden Bear Insurance Company! They write HO3, HO4, HO6 and DP3 in California only. 20% commission on new and renewal. The underwriting is not much different than everyone else...they just pay a lot more!!! Excellent rates, A- Rated by A.M. Best, and the highest commissions in the industry!!! Contac...
by Erik M. Olsen, CIC
Fri Aug 22, 2014 8:42 am
Forum: Opinions
Topic: Travelers reducing commissions
Replies: 69
Views: 249368

Re: Travelers reducing commissions

Hi Agent14,

No. We only write in California.

Thanks for checking in though!

Erik
by Erik M. Olsen, CIC
Tue Aug 19, 2014 12:00 pm
Forum: Opinions
Topic: Travelers reducing commissions
Replies: 69
Views: 249368

Re: Travelers reducing commissions

For agents and brokers in California:

Golden Bear Insurance Company pays 20% on new and renewal. We're A- 6 Rated, Admitted and accepting new appointments.

Please give me a call to discuss further.

Erik M. Olsen, CIC
Senior Underwriter
Golden Bear Insurance Company
209-870-2936
erik@goldenbear.com
by Erik M. Olsen, CIC
Mon Jul 23, 2012 9:26 pm
Forum: Opinions
Topic: Agent no legal duty to inform on cancellations?
Replies: 37
Views: 261363

Re: Agent no legal duty to inform on cancellations?

Earlybird is precisely correct. Not chasing down your revenue-creating premium is the thin-end of the wedge. Why wouldn't an agency remind their clients' of monies due or cancellations pending? There may be some merit in the arguments above discouraging this, but to hazard your revenue, for the bene...
by Erik M. Olsen, CIC
Fri Oct 28, 2011 11:11 am
Forum: Opinions
Topic: CIC & CPCU at the same time?
Replies: 6
Views: 8617

Re: CIC & CPCU at the same time?

Both programs are worthwhile, and can certainly be pursued concurrently! However, don't underestimate the difficulty of the CIC exams. Just "showing up" at the class and absorbing information will not guarantee a passing grade on the exam. They are not easy. Some of the most experienced an...
by Erik M. Olsen, CIC
Thu Aug 18, 2011 7:02 am
Forum: Opinions
Topic: Retail to Wholesale???
Replies: 10
Views: 10874

Re: Retail to Wholesale???

The key question lies in your previous experience. Have you cycled business through a wholesaler in the past, and do you think you can make it work? Based on your spelling and grammar, you appear to be quite an intelligent fellow. I should think you would have no problem making the transition. And y...
by Erik M. Olsen, CIC
Wed Jan 05, 2011 2:11 pm
Forum: Opinions
Topic: Has anyone had a DMV audit?
Replies: 1
Views: 3232

Re: Has anyone had a DMV audit?

Most common audit findings: 1. Failure to maintain records/documents to justify and support proper use of requested information. All requesters are required to establish and maintain daily logs and source documents that track the receipt, use, and dissemination of DMV information. 2. Failure to main...