Spitzers Shadow Looms Large For 05 Fee probes put agent and broker associations on the defensive
While the three major property-casualty producer associations dont always see eye to eye, for the coming year they share a major priorityrepairing the damage to their members reputation caused by allegations of wrongdoing on the part of a few while keeping regulatory overreaction in check.
“Our number-one initiative is to address the compensation issue that has jolted our industry,” said Joel Wood, senior vice president of government affairs for the Council of Insurance Agents & Brokers in Washington. “The first thing we must do is to insure, on the Congressional side, that our industry does not suffer further reputational damage.”
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