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Ohio Agent to Pay School $372,500 in Unfair Practices Settlement

Midwest News • August 11, 2008
A Columbus, Ohio insurance agent accused of unfair business practices has agreed to pay $372,500 to a school district as part of a settlement. The Ohio Department of Insurance had accused agent ...

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Subject: rebates

Posted On: August 11, 2008, 1:01 pm CDT
Posted By: Bluemax
Comment:
If the process was legal at the time the payments were received it would be incumbent upon the end user (the school distrct) to incorporate into the broker agreement that any such monies received be forwarded to the client and then the issue goes away. Was the district getting the best pricing for the services received? If the rebates are illegal as they are now the issue is closed. Could we heear more about this than just the sound byte?
Subject Posted By Posted On
RE: More info than the sound bytes Ann Nonimous
Aug 11, 2008, 1:41 pm
rebates Bluemax
Aug 11, 2008, 1:01 pm
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