Council of Insurance Brokers of Greater New York

• IIABNY & CIBGNY Cease Appeal of Reg. 194

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 22, 2012

  The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York say they will not appeal the decision of a state appeals court that upholds state regulations governing disclosure of producer compensation.

• Agent, Risk Management Groups Remain at Odds over N.Y. Reg. 194

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 14, 2012

  Close to four years after the New York Department of Insurance proposed its disclosure rule for producer compensation, a risk-management association and an independent-agents group remain at odds over the implications of Regulation 194, issuing dueling statements over its impact.

• N.Y. Appellate Court Upholds Reg. 194

  By Arthur D. Postal  |  March 8, 2012

  A New York state appellate court panel today upheld a lower court decision dismissing an appeal by New York property and casualty insurance agents of a rule requiring agents to make greater discloser of their compensation.

• IIABNY To File Producer Comp Reg. Appeal In Coming Weeks

  By Caroline McDonald, PropertyCasualty360.com  |  May 23, 2011

  The Independent Insurance Agents & Brokers of New York reports it will file its appeal of a court decision upholding Regulation 194 in the next several weeks.

• N.Y. Agent Associations To Appeal Disclosure Ruling

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 23, 2010

  Two New York independent agent associations said they will appeal a lower court's ruling that allowed the State Insurance Department's new commission disclosure regulation to take effect Jan. 1.

• #8 Major Brokers Start Accepting Contingents Again--With One Exception

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 20, 2010

  After five years of being subject to what some publicly argued was an unlevel playing field, state attorneys general relented, agreeing to lift the ban and allowing the three major insurance brokerage firms.

• N.Y. Agent Associations Eye Legislative Priorities

  By Mark E. Ruquet, PropertyCasualty360.com  |  December 8, 2010

  Producer compensation remains at the top of the legislative agenda for two major New York independent insurance agent associations in 2011.

• N.Y. Court Rules Against Agent Groups On Comp. Disclosure Reg

  By Phil Gusman, PropertyCasualty360.com  |  November 19, 2010

  The New York State Supreme Court in Albany County has rejected the arguments of two agent associations that the state insurance department's planned producer compensation disclosure regulation is arbitrary and unnecessary.

• Producers Say Clarity Needed On N.Y. Dept. Comp. Disclosure Guidance

  By Phil Gusman, PropertyCasualty360.com  |  November 8, 2010

  The New York State Insurance Department has released its circular letter providing guidance for its upcoming producer compensation disclosure regulation, but agent groups said questions still need to be worked out before the Jan. 1 implementation.

• IIABNY Schedules Disclosure Regulation Meetings

  By Staff Writer  |  September 22, 2010

  The Independent IIABNY said it will hold a series of information sessions for insurance producers to help prepare them for the state's disclosure regulation, scheduled to take effect Jan. 1.