1. Wouldn’t it be cheaper to just pay the $4.3 million severance than it is going to be to pay 2 law firms?
2. Why in heck would you set up an incentive plan for agents to place business with a company that specializes in writing business that no one else will write? Seems like one of those situations where they know they are losing money because they get all the lousy risks but plan to make it on volume.
1. Wouldn’t it be cheaper to just pay the $4.3 million severance than it is going to be to pay 2 law firms?
2. Why in heck would you set up an incentive plan for agents to place business with a company that specializes in writing business that no one else will write? Seems like one of those situations where they know they are losing money because they get all the lousy risks but plan to make it on volume.