If, before retiring, an insurance agent enters into an irrevocable agreement with the insurance company to receive renewal commissions in level installments over a period of years, only the amount of ...
Renewal commissions payable after the death of an insurance agent are “income in respect of a decedent” for income tax purposes. Additionally, the value of the right to the commissions is includable ...
The Medicare open enrollment period already was off to a rocky start and it just became a bit rockier. Medical Mutual became the latest carrier to announce it is suspending agent commissions. In a ...
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 ...
HELENA — So, how much in sales commissions are being paid to individual insurance agents who sell health insurance for Montana Blue Cross/Blue Shield? The answer: An average of more than $100,000 per ...
What was your immediate reaction to that term? Probably not the most positive. Many of us have experienced an old friend inviting us for coffee, only to have your chill catch-up sesh become a sales ...