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

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 ...

Discover how account current statements streamline insurance operations, detailing agent performance, premium exchanges, and ...

Agents’ commission cannot be left to insurers’ discretion; it has to be fixed by IRDAI, as mandated by the new Insurance Amendment Bill, 2025.

Revenue growth platform startup Fintary Technologies Inc. announced today that it has raised $10 million in new funding to expand its product capabilities and extend its artificial ...

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 ...

LIC India, the country’s largest life insurer, paid the highest commission amounting to Rs. 10,700 crore, which made up 38% of the industry’s total commission expenses. LIC India distributes about 96% ...

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, ...