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Blue Cross salesmen in Maryland mix life insurance mandates
Insurance commission reviews Blue Cross of Maryland practice where 31 Blue Cross salesmen can earn commissions from Monumental Life and American Bankers Life while confined to company time. Blue Cross notes no corporate ties to the private firms but says the arrangement broadens health policy service. Critics call it unfair competition and a potential monopolitistic edge, while Blue Cross argues it clarifies roles and benefits buyers with streamlined servicing.
MENTIONED IN THIS ARTICLE
Baltimore
Blue Cross of Maryland, Inc
Baltimore Sun
Blue Cross
Monumental Life Insurance Co
American Bankers Life Insurance Co
Miami
Ala Compledit
Edward J Birrane Jr
Monumental
Maryland
We Wewes Fisk
Tye
H. Allen Becker
James P. Riley
Ficial
Maryland Association of Life Underwriters
Sanford G. Jacobson