Hi, I used to be a captive firm for many years, and I left to become indy, loving it. Anyways, I called their home office to get my renewals commision statements, and I found that I get about few hundreds every month which I haven't got from the GA, any advise how I can get the money back? Thanks
Ex Captive Agent Now Indy, Where's my Renewals
- Thread starter ProMan
- Start date
nonstandard4me
Expert
- 48
Don't know what line(s) you were working. But many times the renewals stay with the company if they owned the book. If that is the case then the check is not in the mail. At least that was true for me on P&C side. Your situation could be different. I'd call the GA if you think you should be getting those.
- Thread starter
- #3
nonstandard4me
Expert
- 48
Ah. Different situation then. I'd definitely check on that. Either way indie is way better as I am sure you have figured out.
- 25,665
Did you assign commissions? Did you have any debt when you left?
- Thread starter
- #6
No debt when I left, I didn't assign any commision, I know home office pays ga and ga pays the agents, and ga and I don't really have the best relationship
- 25,665
You may want to reread the commission agreement.
If the company pays the GA and the GA pays you instead of the company paying you direct, then that means you assigned the commissions to the GA. As long as the company pays the GA, they have pretty well met their obligation.. You are going to have to go after the GA for the money.
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