NU Online News Service, Feb. 18, 1:56 p.m. EST
New York State officials' action to let big insurance brokerages resume taking contingent commissions, and to ease a rule for reporting such fees is a big blow to insurance buyers, said a trade group representative.
A "double-whammy," commented Scott Clark, director of the Risk and Insurance Management Society (RIMS) External Affairs Committee and risk and benefits officer for Miami-Dade County Public Schools.
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