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The Missouri Supreme Court says an insurance broker does not violate state law by accepting contingent commissions and not disclosing them, but may owe a fiduciary duty to reveal the commissions.

Contingent-commission payouts are expected to be 12 percent higher this year than in 2011 as insurers make changes in the way they compensate agents, according to a report from consulting firm Ward Group.

Contingent-commission payouts are expected to be 12 percent higher this year than last as insurers make changes in the way they compensate agents, according to a report from the consulting firm Ward Group.

In honor of the national holiday that coincides with this issue of NU, we thought wed serve up a feast of items about which P&C pros (and NUs editors) can be thankful.

Advice not price is the mantra of the companywhich also stands out with its no-commission compensation structure

For its attention to risk consulting and its ability to translate that into a profitable and growing enterprise, Parker, Smith & Feek is our 2011 winner of the Commercial Agency Awards for Excellence.

While some agencies have only recently come to embrace the idea of being a risk consultant for their clients, the concept is nothing new for the agency Parker, Smith & Feek.

PropertyCasualty360.coms Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics. Check out the latest claim-related tweets.