PIA Thanks Progressive/Drive for Change in Agent Disclosure Notices

 

On June 10, a memo was sent by Bob Williams, Group President for Drive Insurance, to PIA State Executive Directors and Staff, stating that Drive has decided not to include specific commission percentages on disclosure notices on agent generated business.  PIA is in complete agreement on the agent disclosure section and we thank Bob for acting with integrity by listening to agents and responding positively. PIA National worked very closely with Mr. Williams on this matter, meeting with him at length when he traveled to our headquarters, engaging in a constructive dialogue on issues of importance to professional insurance agents. PIA National looks forward to a continuing, strong working relationship with Progressive/Drive in support of all PIA members.

June 15, 2005

 

New York Insurance Department Modifies Agent Disclosure Rule

Marsh Settles Lawsuits for $400 Million, Admits No Wrongdoing

Mega-Brokers Want Contingent Commissions Reinstated, Talks Underway

Improvements Made to Proposed Disclosure Rule in New York

Patricia A. Borowski
Sr. VP, Government/Regulatory Affairs
patbo@pianet.org
(703) 518-1360

Mike Becker
Director of Federal Affairs
mikebe@pianet.org 
(703) 518-1365