Blog « Select Premium » Government https://blog.selectpremium.com Client focused, relationship driven. Fri, 03 Apr 2015 18:54:14 +0000 en-US hourly 1 https://wordpress.org/?v=4.1.41 Useful TX government shortcuts https://blog.selectpremium.com/?p=2328 https://blog.selectpremium.com/?p=2328#comments Thu, 12 Mar 2015 17:45:17 +0000 http://themenectar.com/demo/salient/?p=124 Tracking down the right information, forms or other Texas Department of Insurance resources can be daunting. The department’s website is a little tough to navigate. Here are our pick of the top three go-to items for commercial insurance agents.

Top 3 TDI Resources

  1. Insurance licensee renewal notices are mailed 90 days prior to expiration. More information
  2. Use this central form repository to track down the one you need.
  3. Take a peak at the Financial Regulation Division for everything from filing smart to company registration.

 

]]> https://blog.selectpremium.com/?feed=rss2&p=2328 0 Get to know Florida https://blog.selectpremium.com/?p=2326 https://blog.selectpremium.com/?p=2326#comments Fri, 01 Nov 2013 16:24:08 +0000 http://themenectar.com/demo/salient/?p=87 Commercial insurance premium financing is tightly regulated in Florida as with most states. With government regulation comes a bevy of rules and laws, compliance requirements and mandatory licensing. Here’s a brief overview for Florida agents looking for a solid, full-service premium finance partner.

Overview

  • The Florida Commissioner of Insurance issues a license for all commercial insurance premium finance companies operating in the state.
  • Finance agreements must include the total amount financed, a loan repayment schedule, any down payment needed to secure the loan, and total amount paid over the life of the note.
  • Failure to obtain the necessary licenses or articulate exact information in a loan agreement could void the agreement.
  • The State of Florida sets maximum fee and service charge amount levied in a business insurance finance agreement, so finance companies tend to compete on serve offering, ease of use and flexibility.
]]> https://blog.selectpremium.com/?feed=rss2&p=2326 0