https://completemarkets.com/Article/article-post/2544/Plan-of-Merger/
...hington Business Corporation Act, Chapter 23B.11 RCW, the undersigned corporation hereby...ach corporation as required by RCW 23B.11.010.
DATED this __________ day of Ap...
https://completemarkets.com/Article/article-post/2362/The-Business-Development-Plan-Part-4-Of-4/
...or current operations.
11. Intangible Ratio = Intangible Assets/...
https://completemarkets.com/Article/article-post/1533/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-4/
...Outline For California Agencies - Chapter 4
LEGAL OUTLINE FOR CALIFORNIA INSURANCE AGENCIES CHAPTER FOUR LITIGATION, LIABILITY INSURANC...ohnson Lane Corp. (1991) ___ U.S. ___, 114 L.Ed.2d 26, 111 S.Ct. 1647; Spellman v. Securities,...
https://completemarkets.com/Article/article-post/1530/LEGAL-OUTLINE-FOR-CALIFORNIA-AGENCIES-CHAPTER-1/
...Outline For California Agencies - Chapter 1
LEGAL OUTLINE FOR CALIFORNIA INSURANCE AGENCIES CHAPTER ONE FORM OF ORGANIZATION CHOICE ... by a partnership will preclude a subchapter S election, since a subchapter S corporation cannot have a partn...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/166/A-Cash-Flow-Budget-For-An-Insurance-Agency/
... 12:00:00 AM by CompleteMarkets Editor , Zachary Berhau This content has not been rated yet. Some agencies show a paper profit year in and year out. Suddenly one day, they're in financial difficulty. How can an agency making money get in trouble? What about the marginally profitable agency? How long can the unprofitable agency stay open before it must merge, sell, or file Chapter 11? These agencies have one thing in common: the need to understand and make good use of their cash position. They need to set up a cash-flow budget. First, it's important to address the cash needs of an agency. We sell an intangible product: service. Other businesses sell tangible products that create inventory. When cash is needed, they simply sell off part of their ... , at or below cost, to raise the money. If an agency has this problem, it can't raise money by running a sale on Homeowners and Auto policies or offering Commercial Lines at a discount. The money must come from reserves, personal funds, or a loan. Each of these solutions requires planning. Banks look at cash flow and a balance sheet before lending money, and the days of looking to carriers for help is ancient history. What's more, the profit/loss (P /L ) statement doesn't always tell the whole story. Our bottom line may show a profit while our cash position keeps getting weaker. Many cash expenditures are not recorded as expense. When paying back a loan, only the interest is recorded and payment of principle simply reduces cash. On ...
https://completemarkets.com/company/scurich-insurance-services/Articles/content-package/Member-Content/TabCategory/article-post/2544/Plan-of-Merger/
... shall be and constitute an original instrument. IN WITNESS WHEREOF, this Plan has been adopted by the undersigned corporations effective the 1st day of March, 19_ Axis Agency, Inc. By: ____ Albert V. Axis Its: President Bates Insurance, Inc. By: _____ Benjamin W. Charles Its: President Articles of Merger Pursuant to the provisions of the Washington Business Corporation Act, Chapter 23B.11 RCW, the undersigned corporation hereby submits the following Articles of Merger for filing for the purpose of merging: AXIS AGENCY, INC., an Oregon corporation (" Axis"); into BATES INSURANCE, INC., a Washington corporation (" Bates") . Article I The PLAN OF MERGER of Axis into Bates is attached hereto as Exhibit "A " . Article II The ... for Axis. 3. Governing Law. The laws of the State of Washington shall govern this plan and the Surviving Corporation. 4. Name. The name of the Surviving Corporation shall be BATES INSURANCE, INC., subject to an anticipated name change later. 5. Registered Office. The street address of the registered office of the Surviving Corporation shall be 2121 - 12th Ave., Suite 11, Portland, OR 88020. 6. Accounting. The assets and liabilities of Axis and Bates (collectively, the "Constituent Corporations") as of the effective date of the merger shall be taken up on the books of the Surviving Corporation at the amounts at which they are carried at that time on the respective books of the Constituent Corporations. 7. Bylaws. The Bylaws of Bates ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/236/E-O-Proofing-Your-Agency-25-Tips-For-Little-Or-No-Cost/
... insured, and make needed changes. 23. Ask your clients to report all claims to you, unless they claim happens on a weekend or holiday when your office isn't open. (Some agencies have "after-hours" claim numbers for their clients to report a claim.) Some carriers require all claims to be reported directly to them, so follow their rules. This topic alone could fill a chapter, since it's so important from the standpoints of both the agency and the client. A client's loss might be your first chance to shine in their eyes. Don't let this opportunity slip away by allowing an uncaring company employee do your job for you. The worst thing you can do is to turn the claim over to a company service center and lose your importance to the client. When ... . Be a good listener and note-taker. Ask about what's good and bad in their business and what concerns them the most. This alone might give you a great deal of insight into the situation. Compile a complete submission and solicit the company's advice on the best way to handle the risk. Photos, diagrams, financial statements, flow charts and a narrative are critical parts of this submission. 11. Take the time to explain coinsurance, valuation clauses, deductibles, and other restrictive clauses in the policy. When interviewing prospective clients, take the time to explain the provisions in the existing policy. After getting the account and delivering the policy, review them again, and repeat the process on every renewal. If you're switching from a CPP to a BOP, you might already have a ...