I was affiliated with Florida Blue until recently. A few years ago I contracted with an agency in Jacksonville after they e-mailed me about becoming an agent. I sold about 50 MAPD's while under their hierarchy. Late last year I moved my appointment to a local Florida Blue CGA. Before I did I asked the man in Jacksonville if I would lose my renewals. He stated " I would never take earnings away from an agent". Well he lied. I have found out that the AOR has been changed on all of the policies that I wrote and I have not received any renewals. Should I accept the fact that I have lost over $10,000 in renewal income?
What Would You Do if You Were Me?
- Thread starter billyb
- Start date
- 5,056
Yep your SOL 9/10 times.
Were you being paid by the carrier or the agency? How did the AOR get changed? Usually a client has to give written consent to change the AOR.
were you as an outside agent contracted or as an employee
I have moved some contracts from 1 FMO to another without losing renewals,
On the other hand when I sold Maj Med for a brokerage as an employee it was understood when you leave you leave with nothing and so went my residuals.
I had been under the impression that it always goes this way according to your position.
I could be wrong.
I have moved some contracts from 1 FMO to another without losing renewals,
On the other hand when I sold Maj Med for a brokerage as an employee it was understood when you leave you leave with nothing and so went my residuals.
I had been under the impression that it always goes this way according to your position.
I could be wrong.
- Thread starter
- #5
If commissions were paid to CGA and then they paid you, there's nothing you can do. This is exhibit A as to why you should never assign commissions.
Very tough lesson to learn.
- Thread starter
- #7
- 1,908
Remember, the first three letters in Assign are you.
Do you have to be so harsh
So you're calling him an ass?
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