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Independent insurance agents ask committee to require notice before commission cuts
2322239 · February 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Mark Mahle of the Independent Insurance Agents testified in favor of HB5160, which would treat changes to producer compensation as a contract modification and give agents 180 days' notice to adjust business operations.
Mark Mahle, representing independent insurance agents, testified in support of House Bill 5160, which would declare that any change in producer compensation constitutes a contract modification and would require advance notice (the sponsor described a 180-day period…
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