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  • Agent Compensation - Tell Me!
    I'm developing an agent compensation plan for my P&C agency. The licensed agent role compensation is as follows: -1099 pay -100% new business first year, -100% new business AND 30% renewals of their sales each year following. Is this a good plan?...
  • Workers Compensation - Getting Started
    I've never done much workman's compensation, mostly just Property, GL and personal lines and WC added to a BOP for a small office. However I've been getting so many requests to look it over that I really do need to get more knowledgeable. In California where do independent agents look up Mod Rates etc. Is it the WCIRB website or where else can I get up to date information from a FEIN and......
  • NAHU and Health Insurance Agents--Does Agent Compensation Matter?
    FYI: THIS ARTICLE WAS BANNED FROM PUBLICATION BY NAHU. When the founders of NAHU began our association in September of 1942, they made a pretty clear statement defining the purpose and value of membership in our association. Take this snippet from the original Articles of Incorporation of the association: “To sponsor and promote…all such measures, activities, and legislation…to further the......
  • Congressional Scrutiny on Annuity Compensation Practices
    Warren probes insurers' sales incentives for annuities - LA Times (http://www.latimes.com/business/la-fi-warren-annuities-probe-20150428-story.html)...
  • MA and PDP Compensation for '16
    Just got an email saying that MA commissions for most states will be $429/$215 and PDP's will pay $63/$32 to us. Looks like we're getting a little raise! ;)...
  • Any Info on MA and PDP Compensation for '16
    Haven't seen anything on this. Anyone have info? Rick...
  • Fair Compensation for Commercial P&C Producer?
    Hello, Thank you for taking the time to read this. Any and all input will be greatly appreciated. So...I am a producer for an independent agency. I have been in insurance business for about 3 years now and I am loving it!! I started off my insurance career with this agency in somewhat of a CSR role servicing books for very successful producers. This was great as it taught me a lot about......
  • Reasonable Producer Compensation for Life
    I've been an independent producer in NY for 10 years. The general agency I work with are family friends so frankly I've never questioned compensation. For the most part I'm getting paid between 45-55% on the term. I see much higher numbers bounced around here. They're a big help to me as far as last minute illustrations some other sales back-up stuff. However there also very proprietary on......