The large majority of risk managers don't believe their firms have benefited after major brokers stopped accepting contingency fees following probes into bid-rigging and account steering, a National Underwriter survey revealed. With the mega-brokers having sworn off the now disgraced volume-based bonus commissions, where did all those billions go? That's the question addressed by NU Editor In Chief Sam Friedman in his blog entry today at www.property-casualty.com.
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