The Center Of Controversy: Are Contingents Used Widely In Personal Lines Policy Sales?
Recently, the Consumer Federation of America released a report on contingent commissions, highlighting the use of such payments among personal lines insurersand meeting with immediate sharp criticism from insurance groups.
There was much truth in statements hidden beneath the rhetoric of both the CFA report and the commentary launched against it. The mission here is not to weigh in on the right or wrong of the conclusions drawn on either side of the controversy.
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