How much is fair?

I cant answer your question, but you might call a number of other insurance agencies and tell them you are doing a research paper for school, and need to know the pay ranges for licensed brokers at that company.

Also you might remind your boss that he told you back on a particular date that if you became licensed he would give you a raise. He may have forgotten, or he may be waiting for you to remind him.

Good Luck

In my experience, someone with a license, doing personal lines stuff should be making about $25,000 a year. I have NO idea how you'd adjust that for CA.

ALSO in my experience, when you're working in the agency system, you do NOT get decent raises without changing employers.

How much to ask for? It depends on how much book of business you're handling for yourself. You should be able to do $150,000 to $200,000 in revenue (commissions); if you're handling MORE than that, your job is WORTH more.'

In the insurance world, you're either salaried, or commissioned. The commission people make the big bucks - IF they sell. If they don't, well, then they make NOTHING. A salaried person will NEVER make what a good commissioned person makes. That's just how it works.

most people dont make a big base pay and work off of commisions....ask about your commisions...this should be your main concern.

yeah you should ask about your commisions first