WebBill S 272 (2024-2024) Summary date: Mar 11 2024 - View Summary. Enacts GS 58-3-133 to deem expirations to be mutually and exclusively owned by the insured and the insurance … WebExpirations are acquired and prepared at the expense of the agent. We are of the opinion that under the facts of this case, justice and fair dealing between the company and the agency demands that the agent be declared to be the owner of the expirations. Cited in: MILLER AGENCY, INC. v. HOME INS. CO Appellate Court of Illinois, Fourth District.
Agency Sues Carrier for Violating Ownership of Expirations
The ownership, use and control of expirations, including those on direct billed business, the records thereof, and the agent's work product, shall remain in the undisputed possession and ownership of the agent, and the company shall not use its records of those expirations or work product in any marketing … See more The committee has long advocated contracts with a specified initial term, with rollover provisions, which cannot be canceled by the … See more Under the agreements in force today, amendments to agreements typically are achieved in two ways. First, most contracts can be … See more The "ownership of expirations" provision is often overlooked because agents assume that they own the business they place with companies. The … See more The placing of business on direct bill can have a substantial effect on the agent's relationships with his insureds; therefore, it becomes extremely important for the agent to carefully review the direct bill provisions in the … See more Webownership of expirations. 7.1 In the event of termination of this Agreement , provided the Agent has promptly accounted for and paid over premiums which are due the Company , … fleet lease wilmington nc
Domain Name Expirations: What You Need to Know
WebFeb 25, 2002 · Mr. Norman’s ownership of ‘expirations’ does not mean that Mr. Norman had a right to demand insurance cancellation or non-renewal,” the company stated in the filed … WebAug 31, 2024 · Producers’ books of business are also known as expirations, which include customer and policy information and related records. No doubt about it, this data is of real … WebMar 2, 2024 · Ownership of expirations, including related records and data, is perhaps the most critical issue for independent agents to consider in their company appointment … fleet leasing cars