National News
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There's No Crying in Insurance
National News • August 13, 2008
Hearing Aon, Marsh and Willis complain about a supposed lack of a level playing field is a bit like the Yankees or Red Sox carping about the Royals or Twins.
There may be some truth to the big ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: unfair advantage | Gentle Reader | Aug 20, 2008, 3:15 pm |
| RE: unfair advantage | F. MICHAEL CONTE | Aug 20, 2008, 1:29 pm |
| RE: Generalization r us and Contingents | temblor | Aug 19, 2008, 6:14 pm |
| Generalization r us | Mega employee | Aug 19, 2008, 5:35 pm |
| Contingents | cheryl downey | Aug 19, 2008, 3:01 pm |
| This one doesn't bother me a bit | mn captiveette | Aug 18, 2008, 12:01 pm |
| RE: RE: You've Missed The Point | Brokette | Aug 14, 2008, 4:29 pm |
| RE: You've Missed The Point | AJ | Aug 14, 2008, 3:34 pm |
| TWINS BEAT YANKEES 4 - 2 !!! | L@@K | Aug 14, 2008, 8:10 am |
| Think it thru | Temblor | Aug 14, 2008, 4:40 am |
| RE: Think it thru | Brokette | Aug 14, 2008, 1:28 am |
| Think it thru | Susan | Aug 13, 2008, 9:00 pm |
| RE: Stealing | Brokette | Aug 13, 2008, 6:36 pm |
| Stealing | Temblor | Aug 13, 2008, 6:24 pm |
| RE: RE: RE: RE: RE: RE: You've Missed The Point | Az Agent | Aug 13, 2008, 5:16 pm |
| RE: RE: RE: RE: RE: RE: RE: You've Missed The Point | Brokette | Aug 13, 2008, 4:15 pm |
| RE: RE: RE: RE: RE: RE: You've Missed The Point | nick | Aug 13, 2008, 3:48 pm |
| RE: RE: RE: RE: You've Missed The Point | Eric | Aug 13, 2008, 2:46 pm |
| RE: RE: RE: Comments Not On Point -- Dear IJ... | Reagan | Aug 13, 2008, 2:24 pm |
| unfair advantage | JC | Aug 13, 2008, 2:09 pm |
| RE: RE: RE: RE: You've Missed The Point | John O'Brien | Aug 13, 2008, 1:59 pm |
| espaker@yahoo.com | Eliot | Aug 13, 2008, 1:59 pm |
| RE: RE: RE: RE: RE: RE: You've Missed The Point | Boo hoo | Aug 13, 2008, 1:56 pm |
| RE: RE: RE: RE: You've Missed The Point | M | Aug 13, 2008, 1:47 pm |
| Commission Disclosure | JMA | Aug 13, 2008, 1:47 pm |
| RE: RE: RE: You've Missed The Point | M | Aug 13, 2008, 1:43 pm |
| RE: RE: RE: RE: RE: You've Missed The Point | Risk Manager in Chicago | Aug 13, 2008, 1:42 pm |
| RE: RE: RE: RE: RE: You've Missed The Point | ad | Aug 13, 2008, 1:41 pm |
| RE: RE: RE: RE: You've Missed The Point | MI INS Guy | Aug 13, 2008, 1:31 pm |
| RE: RE: RE: Hey ! About the Twins ! | Twin Fan | Aug 13, 2008, 1:31 pm |
| RE: RE: Comments Not On Point -- Dear IJ... | The Bambino | Aug 13, 2008, 1:28 pm |
| RE: RE: RE: You've Missed The Point | Brokette | Aug 13, 2008, 1:23 pm |
| RE: RE: RE: You've Missed The Point | Az Agent | Aug 13, 2008, 1:22 pm |
| RE: Comments Not On Point -- Dear IJ... | izzy | Aug 13, 2008, 1:19 pm |
| RE: You've Missed The Point | Agent/Broker | Aug 13, 2008, 1:14 pm |
| Comments Not On Point -- Dear IJ... | Frustrated | Aug 13, 2008, 1:13 pm |
| RE: RE: You've Missed The Point | Risk Manager in Chicago | Aug 13, 2008, 1:10 pm |
| RE: RE: Hey ! About the Twins ! | Kirby Suckett | Aug 13, 2008, 1:08 pm |
| RE: You've Missed The Point | BronxBomberBroker | Aug 13, 2008, 1:05 pm |
| Careful -- Your Injustice is showing... | Umpire | Aug 13, 2008, 12:58 pm |
| You've Missed The Point | Risk Manager in Chicago | Aug 13, 2008, 12:56 pm |
| Reality | Reality | Aug 13, 2008, 12:53 pm |
| RE: Hey ! About the Twins ! | Reagan | Aug 13, 2008, 12:47 pm |
| Hey ! About the Twins ! | Twins Fan | Aug 13, 2008, 10:30 am |
| RE: unfair advantage | Big Dog | Aug 13, 2008, 9:57 am |
| RE: RE: unfair advantage | former agent | Aug 13, 2008, 8:01 am |
| RE: unfair advantage | LAD | Aug 13, 2008, 7:49 am |
| unfair advantage | Mark | Aug 13, 2008, 6:57 am |
| Back to article | ||
Subject: RE: Generalization r us and Contingents
It wasn't just one broker, and it wasn't just the three named in the article.
It wasn't just "one unit", it was corporate strategy for all large accounts.
Yes, they paid fines, but giving up contingents was part of their plea deal with Spitzer of NY and others to avoid criminal prosecution (although some got prosecuted anyway) - I guess Spitzer wanted to nail those most responsible.
Unfortunately, all who work for the megas suffer when only a small number of their fellows were actually involved in the stealing from their clients, but that's the employer spreading the cost around, far beyond those who were guilty, that's not the legal system singling them out.