Washington–A key regulator and insurance industry leaders agreedat a session here that further rules changes for agent and brokercompensation, including an end to contingency commissions, appearunlikely.
In remarks echoed by insurance representatives, North DakotaInsurance Commissioner Jim Poolman said Sunday he did not believethe movement to extend changes in producer compensation rules "hasshelf life," adding later that "the issue will fade away."
William Anderson, vice president and associate general counselof the National Association of Insurance and Financial Advisers,made the same assessment.
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