Posted by Patricia/VT on 3/11/11 6:40pm
Msg #375936

Response from XXX

In response to my query re how to update my renewed E&O insurance: "I am sorry to inform you that we cannot add insurance information if purchased through a different company." I purchased my E&O from Notary Rotary, & from the same insurance company! Sadly, my membership in XXX is paid for a couple more years. I now have no intention of renewing it.

Reply by Linda_H/FL on 3/11/11 7:06pm
Msg #375938

They both use the same company...Merchant's

Bonding....what is their problem with this?? That's outrageous...

Reply by Patricia/VT on 3/11/11 8:34pm
Msg #375948

Re: They both use the same company...Merchant's

Exactly - It appears to be punitive: If you don't buy it from them, you cannot list it on their site.

Reply by Stamper_WI on 3/12/11 9:27am
Msg #375959

Do they get a referral fee? Is it more expensive thru XXX?

In other words kick backs or antitrust?

Reply by Moneyman/TX on 3/12/11 9:32am
Msg #375961

If it isn't, it sure sounds like it. n/m

Reply by Patricia/VT on 3/12/11 9:34am
Msg #375963

Re: If it isn't, it sure sounds like it.

I don't know. But it is distressing that while they refuse to show that I have a current E&O policy, they do show that my E&O policy with them has expired, giving the impression that I do not have a current policy.

Reply by Lee/AR on 3/12/11 9:44am
Msg #375964

Re: If it isn't, it sure sounds like it.

Just another good reason to say goodbye to them and put that money to better use.

Reply by Patricia/VT on 3/12/11 1:05pm
Msg #375970

Re: If it isn't, it sure sounds like it.

Absolutely - I joined more than a decade ago, when I first started doing this in California, and have just renewed without giving it much thought. I'll not be renewing again. I have found Notary Rotary to be invaluable.

Reply by JanetK_CA on 3/12/11 10:27pm
Msg #376008

Re: If it isn't, it sure sounds like it.

It's exactly this kind of manipulation that soured me about them a long time ago.

Reply by Mary Ellen Elmore on 3/12/11 6:49pm
Msg #375998

Re: Do they get a referral fee? Is it more expensive thru XXX?

All insurance agents get a % of the fee charged.

Reply by MW/VA on 3/13/11 7:54pm
Msg #376063

Outrageous. I can't believe no one has hit them with a

class-action suit for some of the things they try to get away with. I personally have nothing to do with XYZ anymore.

Reply by BrendaTx on 3/12/11 9:01pm
Msg #376005

The XXX and no forum for discussion...

interesting that they don't want members talking, isn't it?

Reply by Ryan Bartee on 3/13/11 11:57am
Msg #376020

Re: The XXX and no forum for discussion...

HI IM IN THE STATE OF ALABAMA AND I WOULD LIKE TO KNOW SOME INOVATIVE IDEALS ON HOW TO INCRESE MY BUSINESS PLEASE CALL OR EMAIL ME @ [e-mail address] , 2054010276