Search found 274 matches

by Big Dog
Mon Jun 11, 2012 6:56 am
Forum: Opinions
Topic: cpuc
Replies: 2
Views: 2472

Re: cpuc

Did you mean CPCU (not CPUC or CPU)?

Can it help in getting a job in the insurance industry? Sure. However, if you have absolutely no experience, its benefit will be greatly diminished.
by Big Dog
Tue May 22, 2012 7:08 am
Forum: Opinions
Topic: Brokerage and investment firm
Replies: 1
Views: 2049

Re: Brokerage and investment firm

Are you asking what the process is to register as an insurance agent/broker, and also as an investment (i.e. securities broker/dealer)? Your questions weren't worded logically. FYI, each state has their own Department of Insurance, so you'll need to contact them. As to registering as a securities br...
by Big Dog
Wed Apr 25, 2012 6:21 am
Forum: Opinions
Topic: 1-800-Car-Insurance
Replies: 15
Views: 20770

Re: 1-800-Car-Insurance

One word....gimmick
by Big Dog
Tue Apr 24, 2012 8:25 am
Forum: Opinions
Topic: What are your thoughts on the insurance industry
Replies: 10
Views: 7693

Re: What are your thoughts on the insurance industry

If you're looking at working in the insurance industry - especially as an insurance agent/broker - with the sole goal JUST to make money - you're approaching it from the wrong angle. Insurance - be it personal lines or commercial lines - is complex. Approaching someone, or a business, just to "...
by Big Dog
Mon Apr 23, 2012 7:12 am
Forum: Hard-to-Place Accounts
Topic: What licenses are needed to insure commercial lines
Replies: 3
Views: 2832

Re: What licenses are needed to insure commercial lines

Not to come down too hard on you, but....if you haven't checked your state's Department of Insurance website, that's the best place to start. Each state varies by its licensing requirements. I'd also suggest that you consider working FOR a local/regional insurance agency rather than going it alone. ...
by Big Dog
Fri Apr 20, 2012 7:01 am
Forum: Opinions
Topic: Job advice...please help!
Replies: 5
Views: 3783

Re: Job advice...please help!

Disclaimer - the opinions that follow come from someone that worked over 25 years in the insurance industry - both on the agency/brokerage (both small and large) side as an account manager and on the company side as a commercial underwriter. Admittedly, my views are biased...but they're usually righ...
by Big Dog
Fri Mar 23, 2012 9:47 am
Forum: Opinions
Topic: Herbalife
Replies: 2
Views: 3711

Re: Herbalife

[snicker]
by Big Dog
Mon Mar 05, 2012 8:33 am
Forum: Opinions
Topic: Licensed vs non licensed CSR ( CA)
Replies: 4
Views: 6171

Re: Licensed vs non licensed CSR ( CA)

Hiring a non-licensed CSR potentially puts your agency, license, and E&O at risk. If an unlicensed CSR is talking coverage with clients, they, and your agency, are in violation of the insurance code.
by Big Dog
Wed Feb 15, 2012 6:55 am
Forum: Opinions
Topic: claims question
Replies: 5
Views: 4608

Re: claims question

Do you have a formal rent agreement with this person? If so, and it's properly worded requiring the tenant to be responsible for their own personal property no matter what, then you're not responsible.

If you don't, then you could be held legally liable for their loss.
by Big Dog
Thu Feb 02, 2012 7:30 am
Forum: Opinions
Topic: General Cont wants AI on auto and Excess
Replies: 2
Views: 4003

Re: General Cont wants AI on auto and Excess

The COI needs to state that the Umbrella is following form for all underlying coverages and endorsements. As to the BAP, if the policy wording already includes any "indemnities" as additional insured, then it shouldn't be a problem showing the GC as AI. If the GC still has fits of not bein...
by Big Dog
Fri Dec 02, 2011 10:14 am
Forum: Opinions
Topic: Batch Clause undre Products Liability
Replies: 1
Views: 4515

Re: Batch Clause undre Products Liability

Submit the claim to both insurance carriers and let them figure it out. That's their job.
by Big Dog
Wed Nov 16, 2011 10:42 am
Forum: Opinions
Topic: Customer Retention
Replies: 3
Views: 2524

Re: Customer Retention

Coming from the customers point of view: 1. Do what's in the client's best interest. Don't assume that you can just "renew as is" every year. 2. If you claim to provide "value added service", be prepared to define what that "service" is and how it actually benefits the ...
by Big Dog
Tue Oct 18, 2011 1:44 pm
Forum: Opinions
Topic: Combinability of Interest
Replies: 9
Views: 24703

Re: Combinability of Interest

As a general rule, the same 51% common ownership would apply to General Liability, with the primary exception being joint ventures. If MegaCorporation has 51% ownership in LittleCompany B, then both can be written on one GL policy. If they have only 20% ownership interest in LittleCompany C, then mo...
by Big Dog
Tue Oct 18, 2011 5:29 am
Forum: Opinions
Topic: Combinability of Interest
Replies: 9
Views: 24703

Re: Combinability of Interest

There needs to be some sort of common interest or ownership, either through stock ownership, partnership (General or Limited) or a joint venture.

What is the specific scenario?
by Big Dog
Mon Sep 19, 2011 7:10 am
Forum: Opinions
Topic: Worker's comp commission
Replies: 2
Views: 1933

Re: Worker's comp commission

The pros to "selling workers comp" is that you're providing a coverage that almost every business (except for one person sole proprietorships) needs. Providing this coverage can also help in account retention. As to the "follow up admin", unless it's a large complex account that ...