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Consumer Group Hits Payment of Contingent Commissions in Personal Insurance as Harmful to Buyers

National News • January 27, 2005
A new report by a national consumer organization claims that contingent fee arrangements "similar" to those being investigated by New York Attorney General Eliot Spitzer in commercial insurance ...

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Subject: RE: Evils of

Posted On: January 27, 2005, 3:33 pm CST
Posted By: Earle
Comment:
There was,once upon a time, when the carriers decided brokers and agents should be paid less in commissions. It seemed to havehappen all at once.In place came contingent commissions based on growth, volume,and loss ratios;on a rolling three year basis.Unmentioned is the carriers' demand of minimum volume to open an account,and decreed minimum annual volume increases needed to keep the market.This hue and cry that the consumer is therefore paying morethen they should is causing them undue angst and our industry undue bad press.

Old Time Broker
Subject Posted By Posted On
card PakePlaiceLes
Jul 15, 2007, 2:07 pm
RE: RE: Evils of DRUDY
Jan 31, 2005, 3:24 pm
Ethics ... 1st basic rule of a Broker/agent Long time agent
Jan 31, 2005, 1:32 pm
RE: RE: RE: RE: Mr. Hunter is usually :erroneous ETIMER
Jan 28, 2005, 1:22 pm
RE: RE: RE: Mr. Hunter is usually :erroneous ETIMER
Jan 28, 2005, 1:18 pm
RE: RE: RE: Mr. Hunter is usually :erroneous Alan
Jan 28, 2005, 11:11 am
RE: RE: RE: Mr. Hunter is usually :erroneous Tomw
Jan 28, 2005, 10:23 am
Mr. Hunter is a peice of Crap from Texass. Bud
Jan 28, 2005, 10:21 am
RE: RE: Mr. Hunter is usually :erroneous picaro
Jan 28, 2005, 9:44 am
RE: Mr. Hunter is usually :erroneous ETIMER
Jan 28, 2005, 9:07 am
Contingent Commission in Personal Lines Business Carroll S. Mayer, Jr.
Jan 28, 2005, 9:03 am
RE: RE: Mr. Hunter is usually :erroneous Hank
Jan 28, 2005, 8:37 am
RE: Mr. Hunter is usually :erroneous
Jan 27, 2005, 6:28 pm
RE: RE: RE: Evils of LMJ
Jan 27, 2005, 3:54 pm
RE: RE: Evils of Tomw
Jan 27, 2005, 3:40 pm
RE: Evils of Earle
Jan 27, 2005, 3:33 pm
Contingent Commissions understood Bob
Jan 27, 2005, 3:25 pm
RE: Contingent Commissions Larry
Jan 27, 2005, 1:59 pm
Contingent Commissions David
Jan 27, 2005, 1:43 pm
RE: Contingent Commissions Steve
Jan 27, 2005, 1:34 pm
RE: Contingent Commissions LMJ
Jan 27, 2005, 1:33 pm
Mr. Hunter is usually :erroneous" picaro
Jan 27, 2005, 1:32 pm
Evils Tomw
Jan 27, 2005, 1:30 pm
RE: Evils of tony
Jan 27, 2005, 1:25 pm
RE: RE: Contingent Commissions Andrew
Jan 27, 2005, 1:21 pm
RE: Contingent Commissions Ian Graeme
Jan 27, 2005, 12:54 pm
How did I know etimer
Jan 27, 2005, 11:51 am
Contingent Commissions Alan
Jan 27, 2005, 10:55 am
RE: Evils of Tom
Jan 27, 2005, 10:24 am
Evils of "contingent commission" apn
Jan 27, 2005, 10:17 am
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