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| Viewing Page 1 of 1 (Total Posts: 11) |
| Author |
Comment
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Daveycrewcut
May 2, 08 - 5:25 PM |
Price Fixing
It seems like NAGS was inspired by the Insurance Industry to get around the price fixing laws.
Also, if a large glass company negotiates prices with an insurance company and then also offers to handle their claims thereby subjecting other independent shops to their negotiated prices, isn't that a form of price fixing?
How would any insurance company like it if their competitor told them how much they could charge for premiums?
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howie
May 2nd, 2008 - 6:00 PM |
Re: Price Fixing
It is price fixing. It is illegal. It is gaining momentum. It's going to take a miracle, a tragedy, a great mind or movement to make some kind of correction. The computer is always watching, storing, calculating, and with the input from TPA's, Ins Cos., Nags, Wall st. etc., ... scheming.
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I dont believe nags was evil at the outset, on the contrary , it was necessary and useful. Big business figured out if you want to beat them, buy them, for everyone else its if you cant beat them join them and take a beating.
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There are no checks and balances now. These "ENTITIES" will find a way to concentrate their power and wring every dime and dollop of good will from all of us, one way or the other. Yes you can emulate their scheme and achieve some success or perhaps rise above the masses and gain some ground.
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Those are the "choices" we have today.
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So good luck, hard work will still pay to some degree but know the bar will be raised for those who have a vested interest in their future and the future of those around them.
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PAG
May 3rd, 2008 - 7:42 PM |
Re: Price Fixing
I agree Howie but I also think if we band together their party would be over!
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d-boy
May 3rd, 2008 - 8:20 PM |
Re: Price Fixing
Getting indies to band together is kind of like herding cats.
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HEY JOHN L
May 4th, 2008 - 10:55 AM |
Re: Price Fixing
It's not hearding cats it's just that our industry is being played by corperate America! Every contract that you sign goes to the coroperate officers of the "networks" your signature counts as a vote towards thier pricing structure based on what they want. The tpa's offer low prices for a precentage of the ins. work it has nothing to do with who thier going to give to. As long as you keep agreeing with Lynx & safelite the longer this will continue. If you depend on the tpa's sending you work then your the problem! Independent means independent, nothing good comes from somthing that is'nt earned!
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AHAG
May 4th, 2008 - 1:30 PM |
Re: Price Fixing
It don't matter what you do , The government will not help because the insurance companies own them. AGRSS will not help becasue State Farm owns them. NGA will not help because to many corporate giants own them.
The only ones that could come close to help are keeping the true independent from joining because they dont have a store front location and all the member fees are to dam* high for some independents to pay now because of fuel and insurance and food prices going up.
support the ones that truly care about our industry (independents) screw the TPA's,Insurance and any one that supports them or the people the insurance industry is supporting and watch the changes take place.
Without the independents on the networks Belsafe and the other big boys would have a hard time handling the work load. This would then cause our industry and local markets to change.
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Daveycrewcut
May 5th, 2008 - 10:10 AM |
Re: Price Fixing
It is possible to herd cats!
I saw it done on a Super Bowl commercial one time!
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d-boy
May 5th, 2008 - 10:32 PM |
Re: Price Fixing
Only with a lot of Bactine and catnip.
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Buckeye-for-Life
May 6th, 2008 - 9:52 PM |
Re: Price Fixing
NAGS is owned by Mitchells (who is 'merging' with CCC). How does Mitchells make money? Selling software for use in the insurance industry. Follow the money trail, and you will know NAGS motivation.
Why do you think NAGS will not support a third-party audit? Their methodology may be flawed for a reason, it benefits their customers.
If the NGA/IGA members all agreed to a nominal fee increase to fund a third party audit of NAGS, do you think they would permit it? (Rhetorical question)
Good selling,
Buckeye-for-Life
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ccc
May 7th, 2008 - 7:26 PM |
Re: Price Fixing
Interesting point!
In fact, if you had attended the NGA session at the IGA conference you would have heard that very question posed to Bud Oliver, "who validates your data?".
I think we should all take that to heart. We know NAGS gets their data from the Mitchell editors and they add/subtract from that. So...who is validating NAGS(Mitchell) data? How can this indsutry, ARG, allow ANY "person" to set, control, or "make-up" data (specifically pricing) that directly effects your profitability?
Who else misses the old days where a customer walked in your door, you and them determined what products and services fit their needs, agreed on a price, and THEY paid YOU?
Just a thought!
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Buckeye-for-Life
May 7th, 2008 - 10:53 PM |
Re: Price Fixing
In fact, we did attend the NAGS Q&A at the IGA.
We were waiting for the third party validation of NAGS question. When it was asked, the NAGS/Mitchell folks quickly changed the subject. Interesting...
We would gladly pay a few dollars more per year to our trade organizations to pool our monies to fund an independent audit of NAGS.
Note: auditors could sign confidentiality agreements, so NAGS proprietary methodology would be protected. The auditors would only validate that the NAGS methodology is reasonable and mathematically accurate in all material respects.
Food-for-thought.
Good selling,
Buckeye-for-Life
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