Agency Management

Trust between clients and their insurance agents cannot be regulated, according to one association leader, who said a New York regulation to impose compensation disclosure rules on producers is unnecessary and even counterproductive.

A controversial New York producer compensation disclosure regulation complies with the law and is necessary to inform consumers about possible conflicts of interest, the state's attorney general and leading candidate for governor argued in a court filing.

Trust is at the heart of the insurance agent/broker-client relationship.

The battle lines are already being drawn in anticipation of a renewed debate in Congress next year over creation of an optional federal charter for insurers.

With the summer in full swing, many of us have turned our attention to vacationing and bonding with family once again.

National Underwriter, in partnership with Flasp?hler Research Group, will launch a survey of independent agents this month that will result in the inaugural "NU Producer Choice Awards," to be unveiled in the Oct. 18 edition.