The Center Of Controversy: Are Contingents Used WidelyIn Personal Lines Policy Sales?

Recently, the Consumer Federation of America released a reporton contingent commissions, highlighting the use of such paymentsamong personal lines insurersand meeting with immediate sharpcriticism from insurance groups.

There was much truth in statements hidden beneath the rhetoricof both the CFA report and the commentary launched against it. Themission here is not to weigh in on the right or wrong of theconclusions drawn on either side of the controversy.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.