Posted On: January 25, 2005, 9:37 am CST

Posted By: michael

There is nothing wrong with mazimizing your income with a carrier. But, when a broker makes other carriers send in fake proposals, where is the problem? The broker has committed fraud and so has the carrier and when this activity is discovered it needs to be dealt with severely. It is against the law to steal and yet people steal, it is against the law to murder, yet people murder. If everytime a murder or theft is committed we have to write a new law, is the problem solved? NO! People committ crimes daily, we do not need to change existing law just enforce and punish the existing law and law breakers. Mr Spitzer, a lawyer, and the media are all responding inappropriately. Mr. Spitzer wants to make deals. The media wants congress to act. Why not put the criminals in jail and fine the companies by the amount plus interest for false bidding. Take the money from the fines and give it back to the parties that were harmed. This is kind of like insurance- restore the insured back to the condition prior to the insured event happening. Isn't this much simpler than reinventing the insurance and broker business and getting all 50 state legislatures busy, I think so!!!!!!