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United Commercial Travelers of America
- Thread starter InsuranceJosh
- Start date
LukeBurton
New Member
- 3
I was not aware of posting rules. Sorry!
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Winter, how the heck do I PM you? I would like a copy of that NC letter as well if you wouldn't mind.
mr0bunghole
New Member
I'm glad to see that this company is reinsured since it only has $19 million in Assets. (Their annual statement for 2007 is here: http://www.ohioinsurance.gov/FRAnnuals/2007/Annual/ks/56383A2007ks.pdf)
That's probably the reason they did not invite AM Best to rate them. Is it better to have no rating at all than to have a C or worse rating?
With this company, what's more important than financial ratings is history. Do they have a solid track record in the senior market?
I know ten years ago they sold medicare supplements and suddenly pulled out of the market. Do they plan to do the same this go-around?
That's probably the reason they did not invite AM Best to rate them. Is it better to have no rating at all than to have a C or worse rating?
With this company, what's more important than financial ratings is history. Do they have a solid track record in the senior market?
I know ten years ago they sold medicare supplements and suddenly pulled out of the market. Do they plan to do the same this go-around?
- 1,255
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If we only knew who the state insurance regulator was, then we may be able to locate it on their web site?
If we only knew who the state insurance regulator was, then we may be able to locate it on their web site?
- 2,908
I have it somewhere.
You could google up the Maine Bureau of Insurance and then go to their staff directory. Look down through the list of staff attorneys and you will see Arthur H. (leaving his last name out) and his email address. Just shoot him an email and say: "I heard from an agent in Maine that the Bureau sent out a letter to agents regarding United Commercial Travelers and the re-insurance issue. Could you send me a copy please."
Winter
- 2,908
Just to stay on the right side of things, it should remain clear that there is no suggestion that UCT had done anything wrong, only that their fraternal structure has regulatory and agent liability and disclosure implications that differ from the other carriers. More than I want to get into with clients but not a show stopper for those that do.
Winter
- 115
Does anyone here work with Evercare? I didn't do the testing last fall, but just ran across a client that I think could use it. Has HBP and some other things and only has Med A & B. He's 82 and also had cancer a while back and might be getting it again. Is there anything that I need to look out for or do to help this customer and keep my butt out of a sling?
mr0bunghole
New Member
Way to stay on topic, Fan.
Next time you plug a product you should probably just start its own ballyhoo thread.
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Yah know, as soon as I hit enter I realized that I should have started a new tread. At the same time I really didn't expect an immature response from somebody here. I expected a " Hey Jerry, you might want to start a new thread when you have a legitamite question you need help with".
Was my post a product plug? Ah.....no. It was something I needed help with, so I asked a question. Wrong place, and I apologize. I'm new to this site and I have spent too much time on sites where people spew their thoughts helter skelter. I forgot what it was like to be on a site with proffesionals.
Your responce kind of threw me, but what should I expect from someone with the name Mr. Bunghole.
Go back to watching Bevis and Butthead. Their are adults here.
Was my post a product plug? Ah.....no. It was something I needed help with, so I asked a question. Wrong place, and I apologize. I'm new to this site and I have spent too much time on sites where people spew their thoughts helter skelter. I forgot what it was like to be on a site with proffesionals.
Your responce kind of threw me, but what should I expect from someone with the name Mr. Bunghole.
Go back to watching Bevis and Butthead. Their are adults here.
