NU Online News Service, Aug. 31, 3:30 p.m. EDT
A Professional Insurance Agents of New York (PIANY) representative said she believes state regulators will make some producer compensation guidance language changes after a meeting was held to discuss a draft circular letter on a planned compensation disclosure regulation.
PIANY representatives met late last week with the New York State Insurance Department (NYSID), and Diane Fowler, PIANY executive director, said her understanding is that the department was "very receptive" to concerns the agent group raised.
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