PIA Op-ed in Insurance Journal on Disclosure, Contingent Commissions

 

In this week’s issue of Insurance Journal magazine, PIA Executive Vice President & CEO Len Brevik has an op-ed article which discusses PIA’s recent court filings on two issues of critical importance to PIA members. Brevik comments on PIA’s objections to recent proposed settlement agreements in regard to a flawed mandated disclosure form and prohibitions on certain contingency compensation. Both are unfair to Main Street insurance agents. You can read the full article here: 

PIA’s Court Filing on Disclosure, Contingent Commissions (Insurance Journal 10/23/06)

October 24, 2006

 

Contingent Commission Suit Reinstated

PIA of New York Testifies at Albany Compensation/Disclosure Hearings

Connecticut Supreme Court Allows Damage Suit Against Marsh to Proceed

AIG Pays $12.5 Million to Settle with States Over Bid-Rigging Allegations

Patricia A. Borowski
Sr. VP, Government/Regulatory Affairs
patbo@pianet.org
(703) 518-1360

Mike Becker
Director of Federal Affairs
mikebe@pianet.org 
(703) 518-1365