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

Agent commissions remain central because insurance products are complex and trust-driven, especially outside metros.The ...

Speaking to a news channel, M Nagaraju, Secretary, Department of Financial Services, said that the Insurance Regulatory and ...

Discover how account current statements streamline insurance operations, detailing agent performance, premium exchanges, and financial reconciliation between agents and insurers.

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 decision was announced in a circular issued on 23 December, aimed at protecting policyholders’ interests, strengthening insurers’ financial health, and restoring discipline in the insurance market ...

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 ...

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, ...

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