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- Thu Jan 22, 2004 3:21 pm
- Forum: Opinions
- Topic: Net Loss In Commission From 15% Down To 12%
- Replies: 1
- Views: 3448
What is the true loss for an agency when they are hit from 15% down to 12% commission or even 10%. The true net loss can be up to 50% or more if my calculations are correct. If an agency has overhead expenses of 5% of premium and they go from 15% down to 10% that is a 50% loss for the agency. What i...