Transamerica, 19% Increase and 9% Decrease.

Oct 30, 2015

  1. G.Gordon
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    G.Gordon Guru

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    Of course in true TA fashion, they eliminated any policy that was submitted on SB paper... that news comes later.

    19% for plan F/N increase 1/1/16, and 9% reduction on G.

    Wondering if SB will be about the same or worse.
     
    G.Gordon, Oct 30, 2015
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  2. kstein
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    Probably never get an answer but share affect does allowing the policy to transfer to trans vs keeping it with Stonebridge have on these adjustments ?

    At the bottom of the app it says policies originally written on Stonebridge paper aren't having an adjustment but what if you transfered your policy to Transamerica? Will they have adjustments o. Policies that didn't transfer that differ from policies that switched to policies that were written on Transamerica premier paper from day one?
     
    kstein, Oct 30, 2015
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  3. kamp
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    So is this rate increase nationwide and is this on the Stonebridge policy or just the Transamerica ones (I thought they were all Transamerica Premier now)..
     
    kamp, Nov 2, 2015
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  4. G.Gordon
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    G.Gordon Guru

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    These are the latest ones in MO, those written on Transamerica paper and only for "new business" after 11/09 signature dates.

    They will still have to come out with existing TA business written on TA paper and those written on SB paper according to the bulletin and word from SMS.
     
  5. TDS551
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    19%!


    I saw their new G rate this morning and thought about selling 2 today, for about 10 seconds, and then I grabbed some other aps.
     
    Last edited: Nov 12, 2015
    TDS551, Nov 12, 2015
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  6. G.Gordon
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    G.Gordon Guru

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    All in force business 15% F and N, 0% G. Moving my F and N, not touching my G's... [email protected]!!
     
    G.Gordon, Nov 18, 2015
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  7. GreenSky
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    GreenSky Guru

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    I'm so glad I can move my clients out of TA. Stopped working with them about a year ago and with an 8% increase on F and N I have a reason to say bye bye.

    Rick
     
    GreenSky, Nov 18, 2015
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  8. STIBROKER
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    STIBROKER Like My post and enter the DRAWING,,,, Moderator

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  9. Todd King
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    Todd King IMO/FMO Owner

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    I had really hoped they would work out better than they have. They've really proven to be nothing but a PITA since day one though. I was hoping they would get better, but seems like they don't have a chance in hell of heading that direction. Seems they just get worse and worse. (Lance, I hope you're seeing this!) Oh well....next!
     
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