Agents – Page 3 – [BonkNote]

New Agents Failure Rate / Retention Rate Financing Source Training A. What methods of subsidizing new managers or general agents are being used in scratch agencies and established agencies? What type of performance standards are required in determining when a new man should receive an increase or decrease in compensation or be terminated? B. Is…

Chargebacks Perhaps the most common criterion today to measure an agent’s performance during his financing period is the net annualized premium or commission. Under this method the agent receives a validation credit for the annualized amount, regardless of premium frequency, but is debited with a portion of his annualized credit in the case of a…

Agent – Lead Generation 2023 1213 – Press Release – FCC – FCC Adopts New Rules To Close The ‘Lead Generator’ Robocall And Robotexts Loophole And Facilitate Blocking Of Unwanted Robotexts, Federal Communications Commission – [link] — 2p 2023 1212 – Reuters – New FCC rule on lead generation expected to spur wave of lawsuits,…

Agents – Specific Mark K. Mason – Equitable Life Assurance Society Rick Urso – Metropolitan The Equitable Life Assurance Society and the head of its Miami office have been accused by a former agent of attracting agents with false promises and teaching them to sell life insurance through misleading statements to potential customers. The…

Jerry Keating Jerry Keating, Agent – John Hancock 1993 0525 – GOV (Senate) – When Will Policyholders Be Given The Truth About Life Insurance?, Howard Metzenbaum (D-OH) — [BonkNote] 1994 0206 – Newsweek – Here They Go Again, by Jane Bryant Quinn – [link] This statement is only the tip of the problem. There are hundred…

Q: How are Life Insurance Policies Sold? Q: Are Life Insurance Policies Being Sold For a Death Benefit or an Investment Vehicle? LIRP/ SLIRP – Life Insurance Retirement Plan Walker v LSW Target Premium, etc. IUL – NAIC Group

Agents vs. Companies 1985 – LC – Glassman v. Metropolitan Life Ins. Co. – 616 F. Supp. 145 – Dist. Court, ND Illinois, 1985 – [Google Scholar link] … Glassman (Glassman) brought this libel action against his former employer, Metropolitan Life Insurance Company (Metropolitan … We wish to inform you that Mr. Ray Glassman no longer represents Metropolitan … …

Agent Statements – Walker v LSW I tell clients that the cash value is guaranteed not to go down when the market goes down because the cash value has a 0% annual floor. — Declaration of Sean L. Covi, Agent – Doc 258 – 2010 0710 – 11p 2000s – LC – Walker v LSW (Life…

Deceptive Sales Practices Deceptive 1973 / 1974 – GOV (Senate) – The Life Insurance Industry, Senator Hart (D-MI) – 4 Parts — [BonkNote] 1973 0223 – Part 3 of 4 – [PDF- 641p-GooglePlay] (p2074) – “Deceptive Sales Practices in the Life Insurance Business,” by Joseph Belth (draft) 1974 – AP – Deceptive Sales Practices in…

Principal – Agent Crown Life v Casteel 2023 – FSRA – Consultation www2.imms.com/members/3rdparty/AmerCol/legalbook/chap16c.htm [Principal-Agent] The rule in this Commonwealth has long been that “where limitations on the soliciting agent’s authority are contained in the application, the insured is bound to take notice thereof and he cannot hold the company bound for acts of the agent…