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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: Broker Disclosure Model

Posted On: January 24, 2005, 12:02 pm CST
Posted By: Glenn
Comment:
Michael is exactly right.

RNR - hey some insurance really does lend itself more to commodity vs a unuique financial instrument ...there is nothing wrong with that. Is a personal auto policy essentially the same wheather or not State Farm, CHUBB, or Nationwide provides the coverage??

We sell no personal lines here, but do represent some relatively small and relatively large clients. All are commercial but there are differences in what I would explain to some vs others.

In all cases, I would not knowingly provide a product that was not the best possible fit for the client and would never (an never be able to) get carriers to provide fake quotes, provide lucrative placement agreements ...AND THEN TAKE PROFIT SHARING.

BUT I definitely would work hard to make the right placement for each client, help them with risk management all year, and in the end if they (along with the rest of our book) are profitable I WILL GLADLY AND WITH PRIDE TAKE A BONUS FOR HELPING EVERYONE WIN!

I think I get it.

GH
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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