World Insurance Report
Spitzer contingent commission ban sparks industry backlash
Brokers are up-in-arms over the knock-on effect that Mr Spitzer’s fee investigation has had on personal lines
The decision by New York Attorney General Eliot Spitzer that four leading US insurers can no longer pay controversial “contingent
commissions” to agents and brokers that sell auto, homeowners’ and certain other insurance products has angered a leading
industry body.