Assessing the fallout from a crackdown by authorities on brokerdealings, a regulator said she saw a stop in "notorious" laxness,while an underwriter viewed it as slowing the business process.
Their conflicting opinions were aired earlier this week at a NewYork conference for some members of the Professional LiabilityUnderwriting Society titled "The New Ethics of Insurance."
But regardless of description, more formal brokering proceduresare slowing things down in 2005, the executive said.
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