NU Online News Service, Aug. 3, 12:09 p.m. EDT
The Consumer Federation of America has weighed in with criticism of the Illinois decision to allow an insurance brokerage to resume charging scandal-tinged contingency commissions.
Transparency is not enough to curb the potential for conflict of interest agents and brokers may be exposed to when it comes to weighing service to the customer over increased compensation, said J. Robert Hunter, director of insurance for the CFA.
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