[LTPC-discussions] Only for the serious
Tom McAuliffe
ltpc-disc@ltpcalums.com
Sat, 5 Jul 2003 18:49:28 -0700
This is a multi-part message in MIME format.
------=_NextPart_000_0046_01C34326.2A1763A0
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Dear Richard,
We have not met. I hope you can except my comments as constructive.
I say that as one who knows what has gone on at LTPC before your time =
and most of the last couple of years as well, the upside of your crusade =
is not very good and the downside in terms of potentially messing with =
peoples renewals is not a good bargain. =20
Progeny/Cendant did not know what they were going to do with the =
company, sell it, keep it, close it?? It's very small potatoes to them. =
The people in charge of LTPC may not have been competent in the roles =
they were in, but they were not malicious in their intent. They kept =
recruiting and hiring because that was their task at hand. =20
No one hated to see a great company, the fastest growing captive shop in =
the industry, go to pieces more than I did. But it did.
In the unlikely event that you win a suit, it will take many years and =
the end result will be a few hundred dollars in peoples pockets. This =
is not Big Tobacco settlements you're after. I know the contracts well, =
some of the earlier versions I had a hand in writing, and you have very =
little grounds to stand on. =20
If people move on and get involved with a good outfit they will be =
better off than staying pissed off. I understand your anger and angst. =
You are, however, better served by getting a dartboard with Henry =
Silverman's picture on it than sending out these never ending emails.
Sincerely,
Tom McAuliffe
PS. I have asked Doug to remove me from this list so you can address me =
personally at mcauliffe@capstonefa.com
----- Original Message -----=20
From: ShampooRic@aol.com=20
To: ltpc-disc@ltpcalums.com=20
Sent: Wednesday, July 02, 2003 11:13 PM
Subject: [LTPC-discussions] Only for the serious
To LTPC Alums:
Could not sleep so did some work. This took about an hour. Found this =
document called Insurance Digest, about insurance laws in the U.S. =
About what an agents obligation is and responsibilities are and how they =
can be liable for their actions to client. I am sending it as an =
attachment. It is a long document. But to save time just certain areas =
to look at.
1. See page 8, DECEPTIVE AND UNFAIR TRADE PRACTICES.
2. See page 9, UNLAWFUL TRADE PRACTICES
3. See page 41, SEE LAST PARAGRAPH, INSURANCE PRODUCER
4. See page 42, AGENT LIABILITY CREATED BY CONTRACT DISPUTES AND =
PROMISES
5. See page 45, BAD FAITH
Did LTPC put it's agents in a bad position after they notified us of =
our termination? We were still selling, possibly misrepresenting =
ourselves and our company to the applicant. We misrepresented =
ourselves, our service that we promised and knew we could not deliver on =
theses appointments the last two or three months. We could not even =
deliver the policies that we sold and promised we would. How many of us =
told the client the last 60 or 90 days, oh by the way my company is =
closing, I will not be your agent, I will not deliver your policy, I =
will not be giving you the service as promised by me, my company, or =
your affinity group.
Did LTPC knowingly put it's agents in the field to misrepresent the =
company to applicants? How many might have sold a policy to a couple =
and one was declined. Unless that agent goes back into the house and =
resells it they might not keep the policy and now lose valuable coverage =
on the healthy spouse. If this policy is mailed to them and they do not =
accept it who is really at risk? Is that client being taken care of =
professionally? If no agent is there and they do not accept coverage =
and that healthy spouse gets a long term illness and they do not have =
coverage who is at fault? Did we act in a professional manor? Where =
was our integrity selling the last 90 days, where was the companies?
Did the company ask us to disclose to clients the past 90 days that we =
will not be giving them the service as promised?
These are just some thoughts. I could not sleep and it took about an =
hour. Now I am tired and I need my rest. Going to bed.
Richard Moore
------=_NextPart_000_0046_01C34326.2A1763A0
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2800.1106" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#d8d0c8>
<DIV><FONT size=3D2>Dear Richard,</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>We have not met. I hope you can except my=20
comments as constructive.</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>I say that as one who knows what has gone on at =
LTPC=20
before your time and most of the last couple of years as well, the =
upside of=20
your crusade is not very good and the downside in terms of potentially =
messing=20
with peoples renewals is not a good bargain. </FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>Progeny/Cendant did not know what they were going to =
do with=20
the company, sell it, keep it, close it?? It's very small potatoes =
to=20
them. The people in charge of LTPC may not have been competent in =
the=20
roles they were in, but they were not malicious in their intent. =
They kept=20
recruiting and hiring because that was their task at hand. =
</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>No one hated to see a great company, the fastest =
growing=20
captive shop in the industry, go to pieces more than I did. But it =
did.</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>In the unlikely event that you win a suit, it will =
take many=20
years and the end result will be a few hundred dollars in peoples =
pockets. =20
This is not Big Tobacco settlements you're after. I know the =
contracts=20
well, some of the earlier versions I had a hand in writing, and you have =
very=20
little grounds to stand on. </FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>If people move on and get involved with a good =
outfit they=20
will be better off than staying pissed off. I understand your =
anger and=20
angst. You are, however, better served by getting a dartboard with =
Henry=20
Silverman's picture on it than sending out these never ending=20
emails.</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>Sincerely,</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>Tom McAuliffe</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>PS. I have asked Doug to remove me from this =
list so you=20
can address me personally at <A=20
href=3D"mailto:mcauliffe@capstonefa.com">mcauliffe@capstonefa.com</A></FO=
NT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3DShampooRic@aol.com=20
href=3D"mailto:ShampooRic@aol.com">ShampooRic@aol.com</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dltpc-disc@ltpcalums.com=20
href=3D"mailto:ltpc-disc@ltpcalums.com">ltpc-disc@ltpcalums.com</A> =
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, July 02, 2003 =
11:13=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [LTPC-discussions] =
Only for the=20
serious</DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT lang=3D0 =
face=3DArial size=3D4=20
FAMILY=3D"SANSSERIF"><B>To LTPC Alums:<BR><BR>Could not sleep so did =
some work.=20
This took about an hour. Found this document called=20
<U>Insurance</U> <U> Digest</U>, about insurance laws in the =
U.S. =20
About what an agents obligation is and responsibilities are and how =
they can=20
be liable for their actions to client. I am sending it as an=20
attachment. It is a long document. But to save time just =
certain=20
areas to look at.<BR><BR>1. See page 8, <U>DECEPTIVE AND UNFAIR=20
TRAD</U>E <U>PRACTICES.<BR><BR></U>2. See page 9, <U>UNLAWFUL =
TRADE=20
PRACTICES<BR><BR></U>3. See page 41, <U>SEE LAST PARAGRAPH, =
INSURANCE=20
PRODUCER<BR><BR></U>4. See page 42,<U> AGENT LIABILITY CREATED BY =
CONTRACT=20
DISPUTES AND PROMISES<BR><BR></U>5. See page 45, <U>BAD=20
FAITH<BR><BR></B></U>Did LTPC put it's agents in a bad position after =
they=20
notified us of our termination? We were still selling, possibly=20
misrepresenting ourselves and our company to the applicant. We=20
misrepresented ourselves, our service that we promised and knew we =
could not=20
deliver on theses appointments the last two or three months. We =
could=20
not even deliver the policies that we sold and promised we =
would. How=20
many of us told the client the last 60 or 90 days, oh by the way my =
company is=20
closing, I will not be your agent, I will not deliver your policy, I =
will not=20
be giving you the service as promised by me, my company, or your =
affinity=20
group.<BR><BR>Did LTPC knowingly put it's agents in the field to =
misrepresent=20
the company to applicants? How many might have sold a policy to =
a couple=20
and one was declined. Unless that agent goes back into the house =
and=20
resells it they might not keep the policy and now lose valuable =
coverage on=20
the healthy spouse. If this policy is mailed to them and they do =
not=20
accept it who is really at risk? Is that client being taken care =
of=20
professionally? If no agent is there and they do not accept =
coverage and=20
that healthy spouse gets a long term illness and they do not have =
coverage who=20
is at fault? Did we act in a professional manor? Where was =
our=20
integrity selling the last 90 days, where was the companies?<BR>Did =
the=20
company ask us to disclose to clients the past 90 days that we will =
not be=20
giving them the service as promised?<BR><BR>These are just some=20
thoughts. I could not sleep and it took about an hour. Now =
I am=20
tired and I need my rest. Going to bed.<BR><BR>Richard =
Moore</FONT>=20
</FONT></BLOCKQUOTE></BODY></HTML>
------=_NextPart_000_0046_01C34326.2A1763A0--