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NAMIC Says Calif. Commissioner Continues Search for Problem to Solve on Broker Compensation

West News • April 27, 2005
California Insurance Commissioner John Garamendi's hoped-for regulations on the professional duties of an agent or broker propose solutions to problems that have yet to be identified according to ...

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Subject: RE: Garamendi

Posted On: April 28, 2005, 2:42 pm CDT
Posted By: John Paul Abosida
Comment:
It has seemed to me all along that this was a bunch of horse doo doo. I am glad that there have been no complaints about how we are compensated by Insureds. Honestly would a retailer lower their price because I knew the mark up. I would think that Garamendi is trying to use this proposal to his benefit, along with trying to jump on the band wagon with spitzer. This way he can ding companies/agents/brokers and use it in his next campaign add. After trying to pull off this crap I do not see Garamendi getting much support from Insurance companies at this point. If it aint broke dont fix it!
Subject Posted By Posted On
Garamendi Agree
Apr 29, 2005, 10:37 am
Great Smitty
Apr 28, 2005, 3:10 pm
RE: Garamendi John Paul Abosida
Apr 28, 2005, 2:42 pm
Garamendi DD
Apr 28, 2005, 2:03 pm
Income between me and IRS dwm
Apr 28, 2005, 1:00 pm
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