A group of 28 risk managers and senior executives from majorbrokers, insurers, trade associations and regulatory authoritiesheld an invitation-only, closed-door meeting Wednesday in New Yorkto discuss the controversial issue of insurance contractplacements.
The meeting–convened by the Risk and Insurance ManagementSociety as an “open forum”–did not allow press attendance.
Commercial insurance placement has been a touchy topic since NewYork Attorney General Eliot Spitzer presented evidence that majorbrokers and insurers had conspired to steer commercial customers toselect carriers and rig bids on policies.
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