Small group, big impact

Article Abstract:

The four-member consumer advocacy group Center for Insurance Research has scored several worthy accomplishments since its creation in 1991. Founded by Harvard Law School graduate Jason Adkins, the center has shown that operators of insurance department hotlines were poorly informed on consumer complaints and has prevented State Mutual Life Assurance Co of America from converting to stock ownership. It has also filed several lawsuits for the protection of policyholders, such as cases vs Old Guard Insurance Group and a Massachusetts bill allowing mutual reinsurers to restructure as holding companies.

Civic and social associations, Other Social Advocacy Organizations, Consumer Groups, Management, Associations, Consumer advocacy, Consumerism, Center for Insurance Research

---

Putting your money where your heart is

Article Abstract:

Socially responsible investments (SRI) make money and the better SRIs make exceptionally good profits. Contrary to critics' claims that socially responsible investing is too limiting to be profitable, analysis of businesses involved in ethical investing indicate that SRIs are profitable. Statistical research indicated that ethically-screened accounts and unscreened accounts have little statistical difference. There is no data showing that there is a big cost or benefit to socially responsible investing.

Investment Offices, Investment Companies, Open-End Investment Funds, Social aspects, Economic aspects, Investments, Socially responsible investments

---

Fee-based compensation - growing slowly

Article Abstract:

The flat-fee compensation arrangement is largely preferred by financial planners who have grown wary of commission-based payment which is prone to manipulation by opportunistic insurers. Flat fees are not yet widely used because some insurers are convinced that commissions are incentives which influence sellers to work harder. Flat fees may be based on hourly charges, premiums or percentage of assets. Hence, they are less likely to be abused by sellers.

Financial Management, Sales Compensation, Methods, Usage, Evaluation, Financial planning, Compensation and benefits, Compensation management, Sales management, Commissions (Compensation), Commissions (Fees), Compensation (Business)

Similar abstracts:

• Abstracts: Going contingent. Fee-based compensation replaces shrinking income
• Abstracts: Keeping an eye on the competition. Learning a lesson
• Abstracts: Strategic compensation for not-for-profit health care institutions. Variable compensation: maxims for successful design and implementation
• Abstracts: Key issues for implementing skill-based pay. Compensating employees for better quality and profits
• Abstracts: Comparative company analysis - insurance, property-casualty. Underlying results improving

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.