http://www.northescambia.com/2013/12/citizens-property-insurance-to-delay-start-of-clearinghouse Local News for Molino, Bratt, McDavid, Century, Walnut Hill, Cantonment Fri, 10 Apr 2026 21:33:10 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.northescambia.com/2013/12/citizens-property-insurance-to-delay-start-of-clearinghouse/comment-page-1#comment-242534 Danny Groves Wed, 11 Dec 2013 19:33:14 +0000 http://www.northescambia.com/?p=162126#comment-242534 So let me get this straight. The customers agent secures him coverage from Citizens. Citizens then remarkets the risk direct with a carrier at the time of that renewal or before and the agent who wrote the policy no longer has an interest in the policy coverage so he will no longer be paid a commission even though the customer has picked him to be his agent of record. It has been my experience that the takeout companies get paid to take the risk off Citizens hands and then cut out the original agent by not licensing him going forward and keep the renewal in house or give it to an active agent they already have. If this deal moves forward as proposed don't be surprised if the agents in my area hire the Levin Law Firm to protect their interest since they are the point of sale for the business being resold or remarketed by Citizens. So let me get this straight. The customers agent secures him coverage from Citizens. Citizens then remarkets the risk direct with a carrier at the time of that renewal or before and the agent who wrote the policy no longer has an interest in the policy coverage so he will no longer be paid a commission even though the customer has picked him to be his agent of record. It has been my experience that the takeout companies get paid to take the risk off Citizens hands and then cut out the original agent by not licensing him going forward and keep the renewal in house or give it to an active agent they already have. If this deal moves forward as proposed don’t be surprised if the agents in my area hire the Levin Law Firm to protect their interest since they are the point of sale for the business being resold or remarketed by Citizens.

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