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Insurance agents and brokers want the California State Compensation Insurance Fund to change its broker of service policy and instead recognize broker of record (BOR) letters.
While the policy not to recognize BOR letters is not new, the Alliance of Insurance Agents & Brokers last week made an appeal for change on behalf of its members at State Fund's Board of Directors meeting in San Francisco.
Dale Debber, president of workers' compensation ex-mod data provider Compline and the person spearheading the effort to modify State Fund's broker of service policy, said now was an ideal time to bring up the issue because new leadership at State Fund, including the recent appointment of President and CEO Tom Rowe and several new board members, might be more receptive to his coalition's appeals. Also, the Legislature is between sessions, so State Fund can act without his group threatening legislative action.
Read more: http://www.insurancejournal.com/news/west/2010/09/17/113345.htm#ixzz107834ZFH
Cliff Cottam Insurance Services (CCIS)