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Agents Continue to Oppose Broker Disclosure Model

National News • January 21, 2005
The Independent Insurance Agents & Brokers of America, the nation's largest insurance trade association, has addressed its most recent concerns over the proposed Subsection (B) to Compensation ...

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Subject: RE: Insurance Agents Compensation and Disclosure

Posted On: January 21, 2005, 12:46 pm CST
Posted By: RNR_Risk
Comment:
How can anyone argue that our clients are not entitled to know how we're being compensated? You imply that others are somehow cheating/gouging the public so then its OK for us to do it. Attorneys and other professionals disclose their hourly billing rate in advance.

If we work for insurance buyers - if that's who we're obligated to in a fiduciary sense - then (1) they should know exactly how much we're being paid and (2) THEY should pay it - not an insurance company.

Anything else is a conflict of interest. Insurance brokers will never be considered "professionals" until they address this issue.
Subject Posted By Posted On
RE: RE: the truth michael
Jan 25, 2005, 9:37 am
RE: the truth Bob
Jan 25, 2005, 9:06 am
RE: RE: RE: RE: Broker Disclosure Model Johnny Canuck
Jan 24, 2005, 5:08 pm
RE: RE: RE: Broker Disclosure Model Jack J Maniscalco
Jan 24, 2005, 4:55 pm
RE: RE: Broker Disclosure Model michael
Jan 24, 2005, 12:29 pm
RE: Broker Disclosure Model RNR_Risk
Jan 24, 2005, 12:13 pm
Broker Disclosure Model Glenn
Jan 24, 2005, 12:02 pm
RE: RE: RE: Broker Disclosure Model RNR_Risk
Jan 24, 2005, 11:03 am
RE: RE: RE: RE: Broker Disclosure Model michael
Jan 24, 2005, 10:59 am
RE: RE: RE: Broker Disclosure Model Glenn Hatfield
Jan 24, 2005, 10:46 am
RE: RE: Broker Disclosure Model Ethical
Jan 24, 2005, 9:46 am
RE: Broker Disclosure Model michael
Jan 24, 2005, 9:27 am
Broker Disclosure Model Glenn Hatfield
Jan 24, 2005, 8:26 am
RE: RE: RE: RE: the truth michael
Jan 22, 2005, 7:31 am
RE: RE: RE: the truth Ethical
Jan 21, 2005, 8:30 pm
RE: RE: the truth Michael
Jan 21, 2005, 3:08 pm
RE: the truth BILL GREY
Jan 21, 2005, 2:53 pm
RE: RE: Insurance Agents Compensation and Disclosure It's all spin
Jan 21, 2005, 2:00 pm
RE: RE: Insurance Agents Compensation and Disclosure mICHAEL
Jan 21, 2005, 1:24 pm
RE: the truth Lou
Jan 21, 2005, 1:16 pm
RE: Insurance Agents Compensation and Disclosure RNR_Risk
Jan 21, 2005, 12:46 pm
the truth Michael
Jan 21, 2005, 12:25 pm
Insurance Agents Compensation and Disclosure FED up
Jan 21, 2005, 12:10 pm
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