Posted On: October 19, 2004, 10:51 pm CDT

Posted By: Tessa O

I agree with Lori, yes - price fixing or inflating quotes is a no-no. But the reality is that other industries have bonus agreements or incent their sales reps to market their product. What do stock brokers do with mutual funds or drug companies do with doctors? Yes, ethics should be #1 but there is a destinction between profit sharing based on volume and favorable loss ratios achieved with agents who to a good job for a carrier. The impact of this individuals actions (Spitzers) on a few will cost many innocent people their jobs and huge losses to company 401K's/retiremant plans.