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An Analysis of contingent commission use by property-liability insurers

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<title>Analysis of contingent commission use by property-liability insurers</title>
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<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080323080">
<namePart>McCullough, Kathleen A.</namePart>
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<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080179762">
<namePart>Sommer, David W.</namePart>
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<dateIssued encoding="marc">2011</dateIssued>
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<abstract displayLabel="Summary">The payment of contingent commissions in the property-liability insurance industry has long been common place, but recent events have made the practice highly controversial. Even prior to these events, wide variation existed among insurers in their use of contingent commissions. In this article, the authors examine the determinants of whether or not an insurer chooses to pay contingent commissions at all, as well as the determinants of the extent of their use for those insurers that pay them. We find a number of variables that have a significant relation to the use and extent of use of contingent commissions</abstract>
<note type="statement of responsibility">L. Lee Colquitt, Kathleen A. McCullough</note>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080590567">
<topic>Empresas de seguros</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080624934">
<topic>Seguro de daños patrimoniales</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080553708">
<topic>Comisiones</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080572396">
<topic>Indemnizaciones</topic>
</subject>
<classification authority="">32</classification>
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<title>Risk management & insurance review</title>
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<originInfo>
<publisher>Malden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999-</publisher>
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<identifier type="issn">1098-1616</identifier>
<identifier type="local">MAP20077001748</identifier>
<part>
<text>03/10/2011 Tomo 14 Número 2  - 2011 </text>
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<recordCreationDate encoding="marc">111028</recordCreationDate>
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