National News
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Agent Leader Soto Renews Vow to Defend Contingent Pay
National News • April 30, 2007
The leader of the nation's biggest independent insurance agent association has promised agents his group will vigorously defend their incentive pay and contingent commissions that have come in for ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Uninformed comments | The informer | May 1, 2007, 2:07 pm |
| Player | Forum Reader | May 1, 2007, 1:18 pm |
| Re: compensation Disclosure | ML | May 1, 2007, 9:03 am |
| RE: Compensation disclosure | Dale Longfellow | Apr 30, 2007, 4:33 pm |
| RE: Compensation disclosure | The Player | Apr 30, 2007, 4:22 pm |
| Compensation disclosure | FL coastal agent | Apr 30, 2007, 2:19 pm |
| Full Disclosure | Mel Montagne | Apr 30, 2007, 2:08 pm |
| ALEX SOTO | JOHN | Apr 30, 2007, 2:07 pm |
| RE: It's about time | Dirk | Apr 30, 2007, 1:27 pm |
| It's about time | Big Insurance | Apr 30, 2007, 1:17 pm |
| Soto article | Jim | Apr 30, 2007, 12:54 pm |
| Soto hit it right on the money | Dirk | Apr 30, 2007, 12:35 pm |
| Back to article | ||
Subject: Uninformed comments
As to the issue of specific disclosures and wanting the CEO and top 10 officers pay disclosed, it already is. Every insurance company is required to file that information (salary, bonuses and other comp are the 3 categories) with their insurance department in the state of domicile. It even shows a three year history of the data. And it's PUBLIC INFORMATION. Anyone can request it from the departments of insurance. I have a CD from the OH DOI with all of the data from 2005 that we requested last fall.
Also, that salary/compensation info is disclosed in a similar format in company 10k filings for publicly traded insurance companies.
Fascinating info, for sure, but not really relevant to the purchasers of insurance.