NU Online News Service, April 22, 3:31 p.m. EDT
Although none of its clients were harmed financially, Acordia insurance brokerage should pay a penalty for failing to tell them it had a special compensation arrangement with certain carriers, a judge has ruled.
Connecticut Superior Court Judge Kevin G. Dubay, in Middletown, ruled Monday after a non-jury civil trial, that Acordia, now Wells Fargo Insurance, was guilty of deceptive trade practices for not disclosing to its clients an agreement it had with five insurers. The case was brought by Connecticut Attorney General Richard Blumenthal
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