Tuesday, June 14, 2005

S&P Conference: With End of Contingent Commissions, Brokers Finds Ways to Plug the Hole

"Insurance brokerage executives at Standard & Poor's insurance conference, 'Insurance 2005: Under the Microscope,' expressed confidence Tuesday that brokers would survive the sunset of the contingent-commission era through a combination of higher premium commissions, a broader array of insurance products for their clients, and better alignment of costs and expenses..."