If the company was paying commission a third party a commission in excess of a contracted percentage, its independent auditors should have noted that well before OIR gets involved. My hunch is that this will be resolved prior to month end April 2010.
T UW is either in another state or WAY up north in Florida. I won’t disclose what any company pays, but 13 – 17% is unheard of in property insurance. Agent is much closer for most folks.
James Island — Cypress makes good returns for whom??? This is a 12 year old company that has only bolstered surplus in the last two years. Where did all those returns go for the past 10 years? Maybe the MGA and its’ owners?
James Island — Cypress makes good returns for whom??? This is a 12 year old company that has only bolstered surplus in the last two years. Where did all those returns go for the past 10 years? Maybe the MGA and its’ owners?
James Island — Cypress makes good returns for whom??? This is a 12 year old company that has only bolstered surplus in the last two years. Where did all those returns go for the past 10 years? Maybe the MGA and its’ owners?
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Agent,
Yes, Geovera is E&S. Unfortunately, Bankers won’t write in Hillsborough although we do quite a bit of commercial with them.
Polk County is next on the sinkhole hit parade. Smoke em while you got em, I guess.
Hillsborough agent, We are already getting hit with the sinkholes here. Adjusters have been going door to door and the ads are rolling in.
If the company was paying commission a third party a commission in excess of a contracted percentage, its independent auditors should have noted that well before OIR gets involved. My hunch is that this will be resolved prior to month end April 2010.
Because I wonder how in the world is running all the ponzi
Cypress has consistently made good returns for many years and is selective in where it writes. They seem very strong…..
The MGA agreement was approved at 22-plus, funneling money away from the risk bearing entity… I’m sure the retail agent is between 13-17.
T UW is either in another state or WAY up north in Florida. I won’t disclose what any company pays, but 13 – 17% is unheard of in property insurance. Agent is much closer for most folks.
James Island — Cypress makes good returns for whom??? This is a 12 year old company that has only bolstered surplus in the last two years. Where did all those returns go for the past 10 years? Maybe the MGA and its’ owners?
James Island — Cypress makes good returns for whom??? This is a 12 year old company that has only bolstered surplus in the last two years. Where did all those returns go for the past 10 years? Maybe the MGA and its’ owners?
James Island — Cypress makes good returns for whom??? This is a 12 year old company that has only bolstered surplus in the last two years. Where did all those returns go for the past 10 years? Maybe the MGA and its’ owners?