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Are there any profit-sharing bonuses for hitting annual targets or loss ratio penalties?
Are there any profit-sharing bonuses for hitting annual targets or loss ratio penalties?
Updated over 4 months ago

Since sub-appointments do not carry any annual written premium requirements, they also do not include profit-sharing bonuses. However, each carrier has sole and complete discretion to grant, maintain, and withdraw sub-appointments. Therefore, a poor loss ratio could potentially lead to a carrier suspending or withdrawing a sub-appointment.

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