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A brief commentary on the options, if this helps you select an option:
1) "Acute Concern" might be someone who is aware of and disturbed by regulatory/reserving trends in the industry. Probably relies upon Ratings Agencies for guidance, even though doesn't trust them; but, thinks, "what else do we have?" In general, feels trouble is afoot but just not exactly sure what to do about it.
2) "Chief Concern" might be someone who who thinks it's the first duty of every agent AND thinks that times are more uncertain now than they have been in past. And (like #3 below) limits carrier selection heavily and relies deeply on ratings agencies. Recommends highest rated carriers even if they are much more expensive than other carriers.
3) "Important Concern" might be someone who, like #2, thinks its the most important concern of writing any policy, considers ratings reports with every purchase, and probably limits carriers to those that are mutual and A+ or higher.
4) "Moderate Concern" might be someone who knows "hey, anything can happen," but doesn't think there are any unique problems afoot, and sticks to writing "A-rated" companies or better.
5) "Not Too Concerned" might be someone who thinks that, even if the sh!t hits the fan, the industry and regulatory bodies will "clean up the mess, just like they always have."
1) "Acute Concern" might be someone who is aware of and disturbed by regulatory/reserving trends in the industry. Probably relies upon Ratings Agencies for guidance, even though doesn't trust them; but, thinks, "what else do we have?" In general, feels trouble is afoot but just not exactly sure what to do about it.
2) "Chief Concern" might be someone who who thinks it's the first duty of every agent AND thinks that times are more uncertain now than they have been in past. And (like #3 below) limits carrier selection heavily and relies deeply on ratings agencies. Recommends highest rated carriers even if they are much more expensive than other carriers.
3) "Important Concern" might be someone who, like #2, thinks its the most important concern of writing any policy, considers ratings reports with every purchase, and probably limits carriers to those that are mutual and A+ or higher.
4) "Moderate Concern" might be someone who knows "hey, anything can happen," but doesn't think there are any unique problems afoot, and sticks to writing "A-rated" companies or better.
5) "Not Too Concerned" might be someone who thinks that, even if the sh!t hits the fan, the industry and regulatory bodies will "clean up the mess, just like they always have."
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