NU Online News Service, Jan. 19, 3:47 p.m. EST

Controversial compensation disclosure rules proposed by the New York State Insurance Department could still spark a lawsuit if that agency fails to make changes, an agent group said.

That reaction from the Independent Insurance Agents and Brokers of New York (IIABNY) followed the closing of a comment period on the new regulation, which the department said drew thousands of responses.

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