Is the Carrier Bound by the Agent Agreement? Or Only the Agent?

Do contracts matter? :no::no::no:

UnitedHealthcare euthanizes agent commissions for 2016

When an agent signs a contract and gets appointed with an insurance company who is bound by the contract? I know the technical answer to that question but from the things I’m seeing and hearing in the industry lately it looks like only we the are bound by what’s written in the contract. California had to pass a law AB-1163 effective January 1st to protect agents from companies that make material changes to t
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