Posted On: January 19, 2006, 12:20 pm CST

Posted By: Jeff Radovich

Let us come to grip and realize why compensation matters have not changed for the average independant. It has nothing to do with IIABNY, PIA or any other trade organization who are now out there blowing their own horns telling us how great they are and how they saved the day. Simply put, and as a matter of law, there is nothing technically on the books, or otherwise, that prevents or discourages this activity that has been ongoing since before most of the people now active in our industry ever even heard about insurance. Ethics aside for a moment, contingent income arrangements in itself does not constitute an illegal activity and that is the sole reason why Mr. Spitzer did not pursue the matter further.