Search found 126 matches

by lonestar
Thu Sep 05, 2013 3:08 pm
Forum: Opinions
Topic: Travelers reducing commissions
Replies: 69
Views: 249160

Re: Travelers reducing commissions

Per Travelers, this will be in all states that get the new auto product.
by lonestar
Thu Sep 05, 2013 7:05 am
Forum: Opinions
Topic: Travelers reducing commissions
Replies: 69
Views: 249160

Travelers reducing commissions

Yesterday, Travelers announced via conference call, that they are reducing agent's commissions on their new personal lines auto policy to 12% NB and renewal. The red umbrella has lost it's luster in my agency. I can't believe that Travelers thinks that holding back an extra $30 in commission for eve...
by lonestar
Mon May 20, 2013 7:34 pm
Forum: Opinions
Topic: Foremost Commission Cuts
Replies: 7
Views: 11323

Re: Foremost Commission Cuts

It appears that Foremost is wanting to shed some policies. I would be rolling my book upon renewal if I had any Foremost policies in force...
by lonestar
Fri May 17, 2013 4:43 am
Forum: Opinions
Topic: Foremost Commission Cuts
Replies: 7
Views: 11323

Foremost Commission Cuts

I heard Foremost has lost their mind, and have announced commission cuts to the IA channel. Anyone not planning on rolling your entire Foremost book?
by lonestar
Tue Apr 02, 2013 8:15 pm
Forum: Opinions
Topic: non compete clause
Replies: 12
Views: 52655

Re: non compete clause

omniplus, if you signed a non-compete with the other agency, then you will need to refer the legal document to see if you would be breaking it.
by lonestar
Mon Mar 11, 2013 8:14 pm
Forum: Opinions
Topic: Farmers vs. Independent
Replies: 86
Views: 686634

Re: Farmers vs. Independent

I would like to add to the phrase:"If you want to own an agency the long term vision needs to be..." I would finish the sentence as follows:"...to actually own your own agency." Captive agents do not own anything but the debt. Go IA, so that you can trully "own" your ow...
by lonestar
Mon Feb 25, 2013 6:37 pm
Forum: Opinions
Topic: Online Competition
Replies: 27
Views: 31346

Re: Online Competition

d's ins store, great response! On that thought, do you think the days are numbered for us IA's? I think we can all agree that IA's will surely outlive the captive model, but how many more years do you think we have as agents to earn a living?
by lonestar
Fri Feb 22, 2013 3:21 pm
Forum: Opinions
Topic: Online Competition
Replies: 27
Views: 31346

Re: Online Competition

reecon, if you are referring to Farmers Insurance using 21st Century to directly compete against the agency force, I would say your future is not very bright. The problem is, every morning that you choose to open the office, quote and sell policies for FIG, is another day you are providing money(pre...
by lonestar
Fri Feb 15, 2013 8:06 am
Forum: Opinions
Topic: Farmers vs. Independent
Replies: 86
Views: 686634

Re: Farmers vs. Independent

I agree with Chrome. What amazes me, is that after all the information about Farmers is posted and read here, and everywhere else, why are people still interested in becoming a FIG agent? If only 2.5% of all new Farmers agent actually survive into year 2, what makes anyone else think that they will ...
by lonestar
Wed Feb 06, 2013 6:48 pm
Forum: Opinions
Topic: Farmers vs. Independent
Replies: 86
Views: 686634

Re: Farmers vs. Independent

hm, you can take what sacman says to the bank. He has been very helpful to many people, who are trying to find out the truth about the Farmers agent career. I would listen to every word he tells you. This forum is generally good. However, you would be best served if you posted your questions in a fo...
by lonestar
Tue Feb 05, 2013 5:05 pm
Forum: Opinions
Topic: Farmers vs. Independent
Replies: 86
Views: 686634

Re: Farmers vs. Independent

"Thanks lonestar, One more question for you? They say after you are a reserve agent first three months, you can become a career agent, and at that point you get full benefits? Confused, I thought you would be an independent contractor? How would that work .. anybody know? - hmberter" hmber...
by lonestar
Sun Feb 03, 2013 8:03 am
Forum: Opinions
Topic: 1st Year as a Producer Stories
Replies: 25
Views: 104724

Re: 1st Year as a Producer Stories

Designations will mainly benefit you, the agent, through self help, self learning about insurance in general. Other than that, the general public does not know(and possibly is indifferent) what 3 or 4 initials after an agent's name means. I think most of the insurance buying public, if they see a so...
by lonestar
Sun Feb 03, 2013 7:52 am
Forum: Opinions
Topic: Laws on where an office can be?
Replies: 3
Views: 15594

Re: Laws on where an office can be?

JM, your only limitations will be:
1. If the landlord will rent the space to you
2. If you will sign the lease.
by lonestar
Fri Feb 01, 2013 3:18 pm
Forum: Opinions
Topic: Farmers vs. Independent
Replies: 86
Views: 686634

Re: Farmers vs. Independent

hmberter, you may visit the following website. This is a site where several current and ex Farmers agents post about Farmers. I suggest you login and ask the same question there that you did here. But only do this if you "Can handle the truth" as Jack Nicholson's character said in "A ...