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  • Is this Fair Producer Compensation?
    Hi everyone! First post on the forums. I just obtained my P&C license and have been offered a position as a producer with a small independent agency. I was told I'd be provided with some leads from their website along with a few internet leads a day. I will also spend 5-6 days a month marketing to mortgage companies and at networking events. The compensation being proposed looks like......
  • Mapd Compensation Schedule 2015
    Just got this e-mail from my FMO. Here's a cut and paste: Per CMS Marketing Chapter 3, section 120.4.2, we are updating our compensation schedule for 2015 effective enrollments to adhere to the new guidance: “Plans/Part D Sponsors may only pay compensation for the current year enrollment. Payments may not be paid until January 1 and must be paid in full by December 31 of the enrollment......
  • 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...