ambest.

Radio News Feature

You can reach the story directly by going to
http://www.newstream.

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Best Co.newstream.

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Asked what lessons insurance professionals should draw from the
recent controversies, many respondents said the key to retaining good
relationships will mean disclosing all commissions and fees to
clients .

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, established in 1899, is the world's oldest and most
authoritative insurance rating and information source.

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"Customers question
policy provisions in great detail .
Respondents included 493 insurance or insurance-related
professionals; 73. "There are hundreds of
industries, from doorknobs to cars , that provide a 'spiff' or
commission to the salesperson or selling entity once a threshold is
met .
If you have any questions about the story, or about Newstream.

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2% said they were recasting marketing materials."
A small group recommended changing selling-fee structures.bestreview.

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2% are agents, brokers or financial advisers. These are never disclosed to the buyer and do not need to be.

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1% said they are contacting clients more frequently in
recent months.M.

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. "Full disclosure is not necessary as long as the
buyer is happy with his purchase, and could even be bad for business
and bad for the economy," one producer wrote. For more
information, visit A.com

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(and ) want more information on
the companies," one agent/ broker reported.

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"(We) have disclosed contingencies on our proposal and invoices,"
one agent/broker said. 5742 or visit
http: //www.

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----In the wake of
ongoing controversies over producer compensation, agents, brokers and
the insurers who support them are being forced to provide more
information and paperwork, and must answer more questions, according
to a new survey conducted by Best's Review magazine.
Clients who formerly handled insurance business in a less-formal
manner are requiring greater documentation, while agents and brokers
report they must now submit more proposals and bids for the
opportunity to provide coverage, respondents said.
Not all agreed. Best Company. To subscribe,
call (908) 439-2200, ext .com to download video, audio, text, graphics and
photos.

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Compensation Controversy Leads to More Work Stress for Insurance Agents and Brokers Best's Review Survey Finds

Several hope to head off questions with their
letters to clients and prospects addressing the recent controversies
and outlining their positions on those issues.

Multimedia Available: Here Come the Gifts!

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"
Complete results of the survey are available in the April edition
of Best's Review, published by the A. Visit
http: //www.

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com/subscribe
A.M.

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One
respondent said the lesson from the recent controversies over
insurance selling and reporting commissions was: "not to charge or
collect any fees and/or contingent commissions and work on commission
basis only. Best's Web site at http://www.

Business Editors/Lifestyle Editors
ADVISORY..
NOTE TO EDITORS: Multimedia Assets Available With This Story
Include Text News Releases, Audio

----Did you get five toasters when you got married?
Carley Roney, Editor -in-chief of the wedding website The Knot, says a
recent survey asked new brides and newlyweds about the wedding gifts
they wanted and what they actually got.

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.
Other findings:

39.

23 .

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aspx?story=30501
This multimedia news story is for free and unrestricted use on
your news information site (and for print or broadcast too).com,
please write to us at info@newstream.

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Some report they 've
conducted fresh reviews of all contracts and agreements, and others
are putting in systems that provide more openness regarding terms and
conditions.

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Business Editors

OLDWICK , N.J.1% have stepped up training for staff.com/home.