Leonard Brevik News

Why agents oppose contingent commission settlements

Imagine for a moment a state legislator introducing a bill that made it illegal for businesses to pay year-end bonuses to their sales forces. Then imagine that this piece of legislation also made it mandatory that all businesses provide written …

Legislators to Examine National Mega-Cat Plan at Spring Meeting

At the National Conference of Insurance Legislators (NCOIL) Spring Meeting in Florida, Feb. 23 – 26 , state lawmakers from across the country will examine a draft mega-catastrophe program and, among other things, decide on next steps to promote effective …

Mixed Signals on Compensation and Conflicts of Interest

RIMS Annual Meeting The risk management community and some of the world’s largest insurance brokers sent mixed signals on the future of contingent commissions for insurance brokers and other potential areas of conflict of interest at this year’s Risk and …

PIA National Takes Issue with Plumeri’s Comments

The National Association of Professional Insurance Agents has reiterated its support of contingent commissions being a part of the compensation received by Main Street professional insurance agents. The PIA statement was issued in response to an assertion made by Joseph …

People and Places

West Virginia’s Workers’ Compensation Board of Managers has hired an internal auditor to monitor the accounts, records and fiscal affairs of the Compensation Commission. Melissa Wood Melissa Wood of Charleston, a certified public accountant, will begin her new duties as …

People and Places

Leonard Brevik The National Association of Professional Insurance Agents (PIA) has named Leonard C. Brevik as executive vice president of the association and chief executive officer of its for-profit subsidiary, PIA Services, Inc. Brevik most recently headed Bak-Brevik Investments, a …

People and Places

Leonard Brevik The National Association of Profess-ional Insurance Agents (PIA) has named Leonard C. Brevik executive vice president of the association and CEO of its for-profit subsidiary, PIA Services Inc. Brevik most recently headed Bak-Brevik Investments, a real estate investment …