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The California Department of Insurance decision to drop plans for an agent-broker compensation disclosure regulation in favor of voluntary guidelines has sparked an argument between agents’ groups over whether those guidelines would effectively impose the same burden.

California Insurance Commissioner John Garamendi announced earlier this month that he was suspending efforts to enact the regulations in light of a set of guidelines crafted by the Insurance Brokers and Agents of the West that he felt would provide consumers with adequate protections.

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