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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: Broker Fees & Commissions

Posted On: November 17, 2004, 1:18 pm CST
Posted By: Mark
Comment:
As a retail agent in a small town, I find it absurd that agents are being held out to be the bad guys. We did NOT create this illegal, criminal mess, but only the ego, money hungry publicly-traded Brokers (Marsh, AON, etc) have caused a stir among the honest hard-working agents throughout the insurance industry.

The individuals involved in the bid-rigging, etc should be criminally prosecuted and serve time. We have no-place in our industry for those types of people. Unfortunately, the bad apples in our industry are ruining it for all the good people within our respectable industry.

Contingency income is not a guarantee and for those who count on it are not to smart of business people. Reward for production, profitability and growth are no different than any other sales organization throughout the world.
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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