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This work is in the public domain in the United States because it was a Commonwealth of Massachusetts public record disseminated by a Commonwealth agency or the Massachusetts Archives. Massachusetts' Secretary of the Commonwealth has stated that such works can be copied and used for any purpose .
The agent of record has a legal right to receive commissions from the respective insurance policy. The individual or legal entity is authorized to represent an insured party in purchasing, servicing, and maintaining insurance coverage with a designated insurer. The majority of insurance companies will not disclose information or discuss an ...
The investment management group issued $693 million in commercial mortgage pass-through certificates in 1985 – the largest commercial loan issue to date. Assets stood at $15.7 billion and rose to $25.1 billion by 1989. [51] Individual life insurance in force was $81.5 billion in 1989 – up from $54.1 billion in 1985. [52]
Insurance products for agents; Workers' compensation; Medicare compliance and claims resolution services; ISO's databases contain more than 19 billion detailed records relating to insurance and risk management, which form the basis for its information services, [6] with two billion records collected each year. [7]
The office of an insurance commissioner is established either by the state constitution or by statute. While most insurance commissioners are appointed, in some jurisdictions they are elected. [1] The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department.
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Independent agents own and control their accounts, policy records, and renewals. If an independent agent’s contract with a particular insurance company terminates, the agent retains the rights to active accounts and may place them with another insurer. Competition exists between exclusive agents and independent agents.
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