https://completemarkets.com/Article/article-post/1828/NICHE-MARKETING-ATTRACTING-ASSOCIATIONS-GOING-CAPTIVE/
... costs,' 'loss reserves,' 'IBNR,' 'bulk reserves,' and the always mysterious 'insurance charge,' not to mention the 8% load...s. Successful insurance programs must be designed to be ...
https://completemarkets.com/Article/article-post/388/The-Future-Of-Commercial-Lines-For-The-Independent-Agency/
...is right, ponder the fact that the bulk of insurer investments is in bonds, wh...traditional industry, clarifies the insurance exposure in the new segment, and...
https://completemarkets.com/Article/article-post/1039/The-Bottom-Line-On-Agency-Value/
...ad carrier that might comprise the bulk of an agency’s contingent income can p...ort the generation and retention of insurance related income. We excluded such...
https://completemarkets.com/Article/article-post/1534/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-5/
...on. The California version of the bulk sales law does not apply to sales of insurance production agency assets. Calif. Co... This is an area in which specialty insurance consultants can perform a valuab...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1534/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-5/
... proceeds. Double taxation may be avoided if the expirations are individually owned by the stockholders or a partnership, and only administered by the corporation as an independent contractor. A Subchapter S election at the outset should also avoid double federal taxation. The California version of the bulk sales law does not apply to sales of insurance production agency assets. Calif. Commercial Code 6103. 5.6 Allocation of part of the payments to a covenant not to compete, consulting agreements, & interest; use of deferred compensation, etc. In either a ... such limitations. Sometimes an agreement provides that if the corporation cannot make the payments, an individual will do so. 5.5 Sale of assets - expirations and good will. A seller may sell the assets of an agency instead of its stock. It may have tangible property, such as computers, office equipment, etc. However, normally its expirations and good will are its most valuable assets. Under the Clinton tax law changes, the buyer normally may amortize expirations and good will over a 15 year period. Exceptions apply to ... O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Legal Outline For California Agencies - Chapter 5 4/30/2013 10:39:41 PM by CompleteMarkets Editor This content has not been rated yet. LEGAL OUTLINE FOR CALIFORNIA INSURANCE AGENCIES CHAPTER FIVE TRANSFERRING AGENCY INTERESTS BY SALE, ETC. 5.1 Objectives of buyers and sellers of agencies. In the typical sale or transfer of an agency, the interests of the buyer and seller differ. The buyer is concerned with being able to make the ...