Posted On: March 28, 2006, 4:44 pm CST

Posted By: Been around too long

Full disclosure of all agent/broker compensation when it happens should not be a surprise to anyone. Stock Brokers have to do it, so why shouldn't insurance agents and brokers? In spite of having to disclose brokerage fees to buyers, it hasn't put A.G. Edwards and others out of business regardless of discount brokers. Good agents and brokers will always be in demand. If you aren't getting paid well enough by direct commissions, switch over to a fee basis. Other have done it and get along quite well. The "milking" of Zurich isn't over yet as well as other insurers. Other states including Florida are going after their share independly. Check out Charlie Crist, AG of Florida, who is a copy cat of Spitzer. Both are running for Governer. Hartford Financial is watching from the shadows trying to determine how big their "hit" will be. Trust me, it's coming.