NU Online News Service, Feb. 22, 3:45 p.m. EST
The three largest insurance brokers may have won back the right to charge contingent commissions, but those fees won't reach the same earnings' levels they once did, Moody's Investor Service said.
In its Weekly Credit Outlook report, Bruce Ballentine, vice president-senior credit officer for the New York-based rating service, said contingent commissions are expected to "remain a modest component of revenues" for the major brokers–Aon, Marsh and Willis.
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