Midland National to Pay $1.3 Million Fine to CA DOI

[VolAgent]

I need to re-read my midland contract!! Though I am sure it is not exclusive to just them.

Any carrier is going to charge back commissions when the premium is returned due to a rescission.

 

[Norwayguy]

Any carrier is going to charge back commissions when the premium is returned due to a rescission.

Yeah but only the carrier can decide that they are better off recinding.

 

[VolAgent]

Yeah but only the carrier can decide that they are better off recinding.

You're an insurance agent. You should be use to one-sided contracts.

 

[Norwayguy]

You're an insurance agent. You should be use to one-sided contracts.

Point taken. .