Reverse Profit Sharing Continues for Zurich/Farmers/Foremost

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ins-atty
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Reverse Profit Sharing Continues for Zurich/Farmers/Foremost

Post by ins-atty »

I was absolutely shocked to received another $300 invoice from Zurich Small Business for their so-called 2014 "co-op" fee. ZSB has to be the only insurance company in history that charges you to be their agents.

Despite the fact that we received our new Foremost commercial contract (without the dreaded "co-op" fee) over a year ago to replace the ZSB contract, Zurich has advised me that their $300 reverse profit sharing plan will continue through 2014. I guess that's par for the course: It's been FIVE & A HALF (5 1/2) YEARS since Zurich announced the sale of ZSB to Farmers. Thank God these folks aren't in charge of the claims department.

Our office never received one dime in benefits from the so-called Co-op Plan. Has anyone (besides ZSB of course) been able to take advantage of this program? Please post comments.
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