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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> contingent commission payouts

Agency compensation to rise in 2012

Posted by RJ and Makay on Jan 30, 2012

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PC insuranceA new study by the Ward Group estimates that contingent commission payouts to insurance agencies will be 12% higher in 2012 compared to 2011.  Carriers are continuing to increase volume and premium requirements for agencies amid slowing agency appointments and terminations.  The study emerges as insurers make changes in how they compensate agents.