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Pro Tips for getting insurance Carrier Appointment for a new agency

Friendly Agent

Now, you want to start selling insurance? Before you do, you need to get an insurance carrier appointment. What is an insurance carrier appointment? Insurance carrier appointment means an insurance company is giving you the authorization to sell their insurance product.

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Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Finds

Insurance Journal

Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the proceeds to only one of them, a federal appeals court decided this week. 11th Circuit Court of Appeals …

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NC Supreme Court Bucks Trend, Finds COVID Caused Physical Loss to Restaurants

Insurance Journal

Courts across the country have overwhelmingly ruled in favor of insurance carriers in claims disputes following the government-ordered closures of businesses during the COVID-19 pandemic. The North Carolina Supreme Court last week bucked that trend, becoming just the second state …

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Decision: Insurer Prevails on Motion in Limine to Exclude RCV Evidence at Trial

The Property Insurance Law Observer

Clear Blue Specialty Insurance Company , No. District Court for the Middle District of Florida granted the insurers motion in limine and excluded evidence and testimony regarding replacement cost value of damages, matching, and to limit damages to direct physical loss. In the recent decision Marquez v. LEXIS 219390 (M.D.

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How to Choose the Right Final Expense FMO

Redbird Agents

A Final Expense FMO is essentially a wholesaler in the insurance industry. They act as intermediaries between insurance carriers and independent agents, helping agents get contracted with top final expense insurance companies like Mutual of Omaha, Royal Neighbors, Transamerica, and others.

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What is Vector One?

Redbird Agents

It provides insurance companies and agencies with visibility into agents who have unpaid financial obligations, such as chargebacks or outstanding debts owed to a former upline. Insurance companies and agencies that subscribe to Vector One use it as a risk assessment tool when reviewing new agent contracts.

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Did You Know You Can Change Your Insurance Carrier at ANY Time?

Wren Insurance Agency

When it comes to home and auto insurance - with very few exceptions - did you know that you can change your insurance carrier at any time? Citizens - the State-backed home insurer is one of the only exceptions to this. Your credits for these improvements will vary from carrier to carrier.