Discover how contingent commissions work in insurance, why they cause conflict, and their history, offering insights into regulations and ethical practices.

In FY25, the gross commission paid to agents and intermediaries stood at approximately 7% of the total premium collected, ...

Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...

The Insurance Regulatory and Development Authority of India (IRDAI) is likely drawing up a framework to cap commissions paid ...

This column responds to some of those comments. Regarding insurance agent commissions, we reported in the story that Blue Cross paid out $15 million in sales commissions last year, or 3 percent of the ...

The Department of Financial Services has sought explanations from insurance councils on rising commissions failing to boost ...

HELENA — So, how much in sales commissions are being paid to individual insurance agents who sell health insurance for Montana Blue Cross/Blue Shield? The answer: An average of more than $100,000 per ...

IRDAI to release draft regulations on insurance commissions as M Nagaraju highlights government plans for tighter oversight ...

A Massachusetts financial advisor also licensed as an insurance agent is asking a judge to force the Securities and Exchange Commission to explain its stance on commission payments. In March 2023, the ...

In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance category, ...