regulation 194 News

N.Y. Agency Groups Will Not Appeal Compensation Disclosure Ruling

It looks like the courtroom battle has ended for the New York State’s broker compensation disclosure regulation. Earlier this month, the New York appeals court agreed with the lower court and said insurance regulators were within their rights to issue …

RIMS Commends N.Y. Broker Compensation Disclosure Ruling

The Risk & Insurance Management Society is applauding the New York appeals court for upholding the broker disclosure rule. “Consumers deserve the same transparency and information from their insurance brokers that is required of any other financial entity in order …

IIABNY, CIBGNY File Appeal of Producer Compensation Disclosure Regulation

The Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York have filed a formal appeal of a trial court ruling that upheld a controversial state regulation. Attorneys from the law firm …