Which statement about agents sharing commissions is correct?

The assertion that an agent can share commissions with another licensed agent but with no one else is accurate. In the insurance industry, commission sharing is a practice that allows agents to collaborate and compensate one another for their efforts in selling insurance products. However, this practice is strictly regulated, and only agents who hold a valid license can legally share commissions. This ensures that all parties involved in the transaction are authorized and adhere to the legal and ethical standards set by regulatory bodies.

The other statements are not correct as they misstate the regulations around commission sharing. For instance, options discussing restrictions on sharing commissions based on the type of policy sold or labeling commission sharing as twisting do not align with the established rules governing agency practices. This is important for maintaining compliance and ethical standards within the industry.