NU Online News Service, Oct. 14, 3:05 p.m. EDT
The Risk and Insurance Management Society Inc. released a report calling for complete transparency and full disclosure of all broker revenue from insurance placements and services.
The report, "A Practical Guide to Insurance Broker Compensation and Potential Conflicts of Interest for the Risk Manager," is a guide to assist risk managers in understanding insurance broker compensation and potential conflicts of interest, RIMS said.
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