Search found 71 matches

by TheInsKid
Mon Nov 02, 2009 1:45 pm
Forum: Hard-to-Place Accounts
Topic: Collateral Protection Insurance
Replies: 2
Views: 3016

Re: Collateral Protection Insurance

You may want to try the following;

http://www.cpiai.com
John Cornelius
jcornelius@cpiai.com
P.O. Box 568
Huntsville, TX 77342
Phone: 800-366-0036
Fax: 936- 295- 5358

Burns & Wilcox
http://www.burnsandwilcox.com.
David Price,
dprice@burns-wilcox.com.
by TheInsKid
Mon Oct 19, 2009 10:31 am
Forum: Opinions
Topic: Agency Management System for a Commercial Agency
Replies: 14
Views: 21656

Re: Agency Management System for a Commercial Agency

You may want to look at the Nexsure product (http://www.xdti.com) The start up costs are very moderate but the one of the best things I have found is that the 5 years that I have had the system, I have never received an increase in my yearly maintenance fee !! I also am not charged any set up fee no...
by TheInsKid
Mon Oct 19, 2009 10:23 am
Forum: Opinions
Topic: Can an agent charge a broker fee in New Mexico?
Replies: 3
Views: 3818

Re: Can an agent charge a broker fee in New Mexico?

A broker can charge a fee in lieu of commission or they can charge a fee in addition to commissions however there are disclosure requirements to charge any fee. Also, there are two different types of licenses in New Mexico, broker and producer, so you need to be properly licensed as well !! If you w...
by TheInsKid
Thu Sep 17, 2009 2:01 pm
Forum: Opinions
Topic: Buying a Book of Business
Replies: 6
Views: 23104

Re: Buying a Book of Business

You may want to talk to these folks; they can offer services to assist you in acquiring an agency. (or find others who do teh same thing) It is very helpful to have someone on your side that knows the business and can help you throughout the process otherwise; you may find "Buyer Beware" i...
by TheInsKid
Mon Aug 31, 2009 2:00 pm
Forum: Opinions
Topic: Astonishing results: Agency online marketing
Replies: 37
Views: 45222

Re: Astonishing results: Agency online marketing

We are looking at it really hard right now. Here is a list of agencies that are currently using it for what that may be worth and no, I do not work for Astonishing Results Paul Murphy President 800-260-2029 http://www.paulmurphyinsurance.com paul@ptminsurance.com Deepak Jakhotia President 800-705-54...
by TheInsKid
Fri Aug 28, 2009 2:48 pm
Forum: Hard-to-Place Accounts
Topic: Dwelling Fire for rental owned by LLC
Replies: 7
Views: 10830

Re: Dwelling Fire for rental owned by LLC

We have used this very successful in both personal and commercial risks when dealing with LLC’s +++++++++++++++++++++++++++++++++++++++++++++++++++++ SAMPLE This Endorsement Changes the Policy. Please Read It Carefully. Residence Held In Trust Or By Legal Entity (Trustee as Named Insured) Named Insu...
by TheInsKid
Fri Aug 07, 2009 6:14 pm
Forum: Opinions
Topic: Charging Broker Fees in FL, TX, and NY
Replies: 4
Views: 7994

Re: Charging Broker Fees in FL, TX, and NY

It would depend upon if you are dealing with surplus lines and/or admitted policies to begin with. The 2nd item would be exactly what you are calling fees and what these fees are for. Please realize that it may all be in the way you disclose and/or charge fees in a particular state. A fee in one sta...
by TheInsKid
Thu May 07, 2009 12:07 pm
Forum: Opinions
Topic: Agency Management System
Replies: 243
Views: 2751200

Re: Agency Management System

I have sat and currently sit on several technology boards and carrier agents councils and from all of my conversation with carriers; the number one issue with download is not the cost. Most have said it is one of two main issues, their agents are not asking for download so why should they put money ...
by TheInsKid
Tue Apr 28, 2009 10:41 am
Forum: Opinions
Topic: House that is titled in the person's LLC
Replies: 8
Views: 6955

House that is titled in the person's LLC

It is not an ISO form however some of the language came from ISO Homeowners form (s)!
This endorsement or ones just like it are being used by at least 9 carriers that I know about, especially
the carriers who have high net worth personal lines books!!
by TheInsKid
Sat Apr 25, 2009 1:20 am
Forum: Opinions
Topic: House that is titled in the person's LLC
Replies: 8
Views: 6955

House that is titled in the person's LLC

We use this endorsement for our high net worth families or others who use LLC's, works well and our companies understand the why's and how's. SAMPLE This Endorsement Changes the Policy. Please Read It Carefully. Residence Held In Trust Or By Legal Entity (Trustee as Named Insured) Named Insured: Pol...
by TheInsKid
Mon Apr 06, 2009 12:14 pm
Forum: Opinions
Topic: Are directors of a non-profit corporation at risk?
Replies: 32
Views: 15381

Re: Are directors of a non-profit corporation at risk?

DIFFERENCES BETWEEN PROFESSIONAL LIABILITY AND GENERAL LIABILITY Although Professional Liability is similar to the standard general liability policy in that each covers legal liability of the insured for occurrences that give rise to claims and suits from injured third parties, there are significant...
by TheInsKid
Mon Mar 30, 2009 10:59 am
Forum: Opinions
Topic: Florida Independents
Replies: 23
Views: 14411

Re: Florida Independents

An insurance company can only appoint an individual that has a license, they can not and will not appoint an individual without them having a license. Defeats the purpose of licensing, otherwise, they could appoint anyone. Not sure who you talked to at the In Dept but they have no clue.
by TheInsKid
Fri Jan 30, 2009 1:57 pm
Forum: Opinions
Topic: Risk Retention Groups
Replies: 11
Views: 10094

Re: Risk Retention Groups

I am not sure about previous posts and I do not want this to turn into a history lesson but I would like to bring the following information to light, as we have found RRG's to be very useful for specialty placements and our E&O carrier does provide coverage for our placements with RRG's !! ( I h...
by TheInsKid
Tue Jan 27, 2009 3:31 pm
Forum: Hard-to-Place Accounts
Topic: Florida Condo Regulations
Replies: 5
Views: 6182

Florida Condo Regulations

This is what we know and how we are handling, all of our carriers have told us they are ready to go forward adn in fact, we have had several renewals and they have the coverage on the policy. Recently, the Florida legislature passed House Bill 601, which applies to all condominium policies issued or...
by TheInsKid
Mon Oct 27, 2008 6:25 pm
Forum: Hard-to-Place Accounts
Topic: GL/Prof Market for Construction Manager(Agent of Owner)
Replies: 5
Views: 3576

Re: GL/Prof Market for Construction Manager(Agent of Owner)

Depending upon size of premium, we have used Zurich, CNA, AIG and Navigators for these types of accounts.