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Hi All, I'm in some uncharted territory, preparing to sell homeowners insurance in southern and coastal states. Our agency has yet to quote or issue any home policies down south, which is why I'm reaching out on here to see if anyone has any helpful tips or advice for me. The specific question has to do with building code grades, or the "Building Code Effectiveness Grading Schedule" (BCEGS) as it relates to writing homeowners policies. Now that we will be selling in states like Florida, where there are greater exposures to things like hurricanes, the Building Code Grade will likely be a rating factor. Does anyone on here has experience with issuing homeowners policies where these building codes were at play? Is there a specific type of document (home appraisal? other form?) that is used to verify the building code? What documentation/proof the insurance companies require? Basically any information at all about the BCEGS would be appreciated. I want to make sure we are fully prepared for this new factor when quoting and issuing homeowners business in new territory. + Multi Quote Top PS - in case this information is at all helpful... our agency uses a comparative rater, and there is a field that asks for the Building Code Grade. The options are "Ungraded" (which we have always used, here in the Northeast), or 1, 2, 3... up to 10. Thanks again everyone!

Now do you think insurance is pricey? Imagine if you participate in this: (CNN) -- Before the transcontinental race in "Cannonball Run," the starter tells the gathered racers, "You all are certainly the most distinguished group of highway scofflaws and degenerates ever gathered together in one place." Ed Bolian prefers the term "fraternity of lunatics." Bolian, a 28-year-old Atlanta native, had long dreamed of racing from East Coast to West. A decade ago, for a high school assignment, Bolian interviewed Brock Yates, who conceived the Cannonball Baker Sea-To-Shining-Sea Memorial Trophy Dash, aka the Cannonball Run. Yates, who played the previously quoted organizer in the film he wrote himself, won the first Cannonball in the early 1970s with a time of 35 hours and 53 minutes. Read more about this exciting drive: http://www.cnn.com/2013/10/31/us/new-york-los-angeles-cannonball-speed-record/index.html?hpt=hp_t1

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I am in need of a market for a Teen Community Center, the center has been finished being constructed, there is a small skate area with a few ramps in it attached on the side of the center. The Teen Center will hold dances on the weekends and during the week teens can hang out and play games. This center is intended for junior high and high school teens. My client is needing: PL, GL, and Equipment Breakdown.

What standard markets are best for Child Daycare Centers? In the past we have typically used Harleysville/Nationwide. I was curious if agents are finding them the most competitive. I also have access to Liberty, The Hartford, Travelers, etc.

Looking to find a market for an assembler of electronic parts. This manufacturer produces heavy duty electonic controls for automotive lighting, electric windows, ignition and starting. NO brakes, throttle or cruise control parts. The controls are for street rods and dragsters made of heavy duty blocks with sturdy components and contacts rather than the light-weight parts in today's autos. Need also property as well as products. Most of the usual players won't play...previously with RSUI but they are leaving the marketplace. ANy ideas? Thanks Randall Jones

Friends, I would love to get your opinion on my new startup Risk Matrix. The idea is pretty simple: the average insurance agent has no time or resources to know about all programs, wholesalers, mgas, carrier appetites etc that exist in the marketplace. There are thousands of carriers. So an average agent misses out on a lot of opportunities to work with a wholesaler because agent doesn’t know that wholesaler writes particular piece of business. On the other side, wholesalers and direct carriers spend A LOT of time declining business or advising agents that they don’t have the market for the piece of business they are trying to place. The whole system has to be more efficient. So I came up with the idea to create a matrix, kind of like periodic system in chemistry. Let’s say the agent needs to place an apartment building. He keys in several criteria’s (age of the building, construction type, occupancy) and based on that he gets that Nationwide would decline the risk, so would Starr Indemnity, but Colony through Hull & Co would. If agent is already working with Hull&Co, Hull&Co will be one of the first companies in the search queue. At that time, the agent will have the option to actually send the submission to the wholesaler through the platform and he will do so by completing risk specific questionnaires and accords. He will also have a tool to communicate with the underwriting team. Then, wholesaler would upload the quote to the platform and if the agent likes it he will have the opportunity to bind it through the system. At the end the idea is to help agents to know the marketplace and to help wholesalers to get ONLY the business the like to write. <o:p></o:p>

A lot of my clients request the bare minimum coverage for their policy requirements, and even more will only get the coverage they are required to obtain. My concern is they are not being covered as significantly as they need. The clients that have excess coverage, higher limits, etc are the ones who have gone through a loss and experienced how limited coverage can hurt you in the long run. What are your clients doing? Do they fully understand what would happen if they were sued and their policy only covered a portion of the awarded damages? I try to express this need, but I feel like the economy has put my clients in a tough position of taking lower policy limits, higher deductibles, and bare minimum coverage. Lower insurance = higher risks in case of a claim.

I've been in the insurance industry nearly 12 years, and I've become the guy that gets the hard to place referrals. On a daily basis I work with businesses that generally do not fit with the standard market. Here are some examples of recent accounts: - FMX (motocross) jump shows - They show up to any event, weather it be a track, beach, or parking lot, and perform flips and tricks as an opening act to a main event. (still considering new markets for this as they require monthly special event policies). - Inventory/Contents companies - They require Inland Marine for contents of others, as well as GL/EPL/Pollution Liability/Work Comp. They own a warehouse where contents of others and BPP is stored. The majority of work performed is taking inventory at residential and business properties, and incidentally will remove undamaged PP for temporary storage. Sometimes the inventory is completed in locations with exposure to asbestos; which they are fully licensed and trained to do so while wearing proper gear. - Textile/Home Goods Sales - They have two warehouses; one for storage, one for packaging/shipping. All sales are to wholesale and public via the web. - Swim Instructors - Teaches children aged 3-18 to swim in public and school pools. Package required. - Commercial Production Companies - Requiring coverage for props/sets/wardrobe, GL, hired auto, work comp, all on short term basis. - High Ex Mod/Large premium Work Comp risks. - Several clients from Machine Shops, Body Shops, Warehouses, Janitorial, with 500k - 3mil payroll with either lapses in coverage, large recent claims, or high ex-mods. Needing a market for the Work Comp - NO PEO! These are just a few examples of accounts within the last 30 days. I currently work with too many GA's, most of which do not have a market for a few of these. I'd like to find someone to work with that is quick on response, follows up, has reasonable fees, and has a broad range of market access. Please only reply to this is you are serious about being able to help. Thanks in advance. Regards, John H Crawley [email protected]

Hello Peers I have a risk with 34 autos. Progressive is getting off the risk due because they have more than 20 units in their fleet plus. Their loss history is not good over the last five years at $250k. Expiring premium is $85k. Scottsdale has not yet told us if they are quoting. NICO via Pacific Gateway takes a very long time to offer any terms. The renewal date is 8/28/18. Any suggestions for a market? Thank you,