P&C Licensing In Pennsylvania
- Thread starter Dudley76
- Start date
- 15,041
Most states have changed to "Producer". I know Tennessee has. Your contract with the carrier will specify if you have binding authority or not.
In some states, broker has a different legal meaning and is often used incorrectly. In states with a true broker license, a broker does not receive a commission from the company but instead charges the insured a fee for their services.
In some states, broker has a different legal meaning and is often used incorrectly. In states with a true broker license, a broker does not receive a commission from the company but instead charges the insured a fee for their services.
