NU Online News Service, July 30, 11:35 a.m. EDT
The Illinois action allowing insurance brokerage Arthur J. Gallagher & Co. to resume charging controversial contingent commissions could mean the commission ban will be lifted for other larger brokers, a RIMS executive said.
Terry Fleming, Risk and Insurance Management Society vice president, and Division of Risk Management director for Montgomery County, Md., made the prediction after RIMS issued a statement condemning insurance brokerage contingent commissions as a "conflict of interest."
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