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S&P Conference: With End of Contingent Commissions, Brokers Find Ways to Plug the Hole

National News • June 14, 2005
Insurance brokerage executives at Standard & Poor's insurance conference, "Insurance 2005: Under the Microscope," expressed confidence Tuesday that brokers would survive the sunset of the ...

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Subject: What will the insurance companies do?

Posted On: June 16, 2005, 7:30 am CDT
Posted By: Dan Wolf
Comment:
I would like to know what the insurance companies are now going to do with the money that would have gone to contingency commissions? Are they going to raise commission levels? Are they going to return the amount to policyholders in the form of dividends or lower premiums? My guess is now they will provide higher commissions to the brokers that strong arm them (Marsh has a history of this, don't they?) into paying them more in exchange for steering the business their way.
Subject Posted By Posted On
Wake up to Spitzer and Congress Jonathan
Jun 21, 2005, 6:29 am
What will the insurance companies do? Dan Wolf
Jun 16, 2005, 7:30 am
withstand this type of business environment Ignacio
Jun 15, 2005, 1:25 pm
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