“As you may have heard, we have been recognized as a Premier Agency for State Fund beginning 2018. This designation is extremely exclusive to a small percentage of Brokers in the state. As a result of the designation, we will be receiving 12% commission on accounts renewing 1/1/18 going forward. If your term sheets for 1/1/18 business do not reflect 12%, it is an internal system issue that will be corrected to reflect the correct commission amount at later time. We will be monitoring through accounting as well. Do not hold up renewals for this issue. Needless to say, this is a very positive development for our Company and important to our overall relationship with the State Fund. Should you have any questions on this, let me know. Thank you.”
-Matt DeFendis
