Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
National News • June 8, 2005
Profit-based contingent commissions align the interests of independent agents and brokers and the insurer so that correct pricing of policies is achieved, thereby alleviating adverse selection, ...
Insurance Journal is not responsible for the content of the message below.
Subject: RE: RE: RE: Wharton Study Biased Like All Industry Sponsored
Posted On: June 9, 2005, 8:19 am CDT
Posted By: Cal
Comment:
Don,
I was thinking the same thing regarding an academic study. I believe that people only hear what they want to hear in many instances. I have seen studies come out from universities that support things that are not popular, but from my experience in the industry are true, but yet people reject the study as being biased. I believe from the other side, Robert Hunter would bring out many interesting points and I am surprised he has not sounded off on this. However, I will have to admit that when I mentioned consumer groups having an agenda, he was the first one to come to mind, but I was trying to avoid creating a separate Robert Hunter thread.
Subject: RE: RE: RE: Wharton Study Biased Like All Industry Sponsored
I was thinking the same thing regarding an academic study. I believe that people only hear what they want to hear in many instances. I have seen studies come out from universities that support things that are not popular, but from my experience in the industry are true, but yet people reject the study as being biased. I believe from the other side, Robert Hunter would bring out many interesting points and I am surprised he has not sounded off on this. However, I will have to admit that when I mentioned consumer groups having an agenda, he was the first one to come to mind, but I was trying to avoid creating a separate Robert Hunter thread.