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Sen. Fitzgerald Says Broker Fee Scandal May End Antitrust Exemptions

National News • November 17, 2004
A bulletin from the office of lame-duck Illinois Republican Sen. Peter G. Fitzgerald indicates that: "It might be time to use federal antitrust enforcement to ensure that the insurance brokerage ...

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Subject: RE: Broker fees & Commissions

Posted On: November 17, 2004, 1:16 pm CST
Posted By: Old Grouchy
Comment:
Mike may be right, get rid of commissions and let agents and brokers charge fees like lawyers.

Then we can charge $100 to $125 per hour for homeowners and auto policies, $175 to $250 per hour for business insurance, etc. We would need to find out the proper fee for claims handling, inspections, phone calls, faxes, invoicing, etc. It could work, but it would change the way people accept the agent...force more onto the internet and make insurance a commodity.

It will happen someday, but the fallout will be tough.
Subject Posted By Posted On
RE: bad faith claim denial Debbie
Jun 15, 2005, 2:25 am
RE: RE: Broker fees & Commissions John
Nov 22, 2004, 5:02 pm
Broker fees and commissions Jim Howse
Nov 22, 2004, 4:01 pm
Repeating History I.R. Smart
Nov 20, 2004, 7:46 am
RE: RE: Monopoly concerns - Look at Companies! Doug Megill
Nov 18, 2004, 1:22 pm
HORRAY for Senator Fitzgerald mike mattson
Nov 18, 2004, 8:50 am
re: bad faith claim denial Mike Nelson
Nov 18, 2004, 8:19 am
RE: RE: bad faith claim denial Bob
Nov 18, 2004, 7:44 am
RE: bad faith claim denial jack
Nov 17, 2004, 7:39 pm
bad faith claim denial steve desimone
Nov 17, 2004, 7:23 pm
Commercial Insurance Fees and commissions Bob
Nov 17, 2004, 2:42 pm
RE: Monopoly concerns - Look at Companies! Insurance Dude
Nov 17, 2004, 2:34 pm
RE: RE: RE: RE: RE: Broker fees & Commissions xsman17
Nov 17, 2004, 2:34 pm
RE: RE: RE: RE: Broker fees & Commissions M
Nov 17, 2004, 1:54 pm
RE: RE: RE: Broker fees & Commissions John
Nov 17, 2004, 1:37 pm
Monopoly concerns rascal
Nov 17, 2004, 1:31 pm
RE: RE: Broker fees & Commissions Mike Nelson
Nov 17, 2004, 1:20 pm
Broker Fees & Commissions Mark
Nov 17, 2004, 1:18 pm
RE: Broker fees & Commissions Dorothy
Nov 17, 2004, 1:18 pm
RE: Broker fees & Commissions Old Grouchy
Nov 17, 2004, 1:16 pm
RE: Broker fees & Commissions Michael Swetnam
Nov 17, 2004, 1:07 pm
RE: Broker fees & Commissions Bill
Nov 17, 2004, 1:04 pm
Broker fees & Commissions Mike Nelson
Nov 17, 2004, 11:16 am
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