Brown v. Melahn

I respectfully dissent. As I indicated in my divisional opinion, the term “minimum standards”, as set out in the statute, allows the Director to establish the least amount of compensation arrangements an insurance agent may earn. He may not set an upper level amount. In reading the regulations, however, we find that the Director has attempted to place maximum limits on such compensation arrangements. See, Frasher v. Spradling, 743 S.W.2d 109, 110 (Mo.App.1988). Section (10)(A) contains the language “no more than two hundred percent” which means that 200% of the commission is the top figure an…