Speak Up Before The Fat Lady Sings
Independent agent associations are not very happy with Consumer Reports, which recently published a piece on N.Y. Attorney General Eliot Spitzer's probe into broker contingency fees and the suit filed against Marsh & McLennan Companies. The magazine essentially told its readers that to avoid potential bid-rigging they should avoid independent agents.
The National Association of Professional Insurance Agents sent a letter to Consumer Reports charging that the publication inaccurately characterized the way independent agents do business. The Independent Insurance Agents & Brokers of America also weighed in, but more needs to be done to maintain the independent agent's well-earned reputation for integrity.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
