Hearings to be held on insurance agent, broker compensation disclosure.

The article reports on the joint public hearings on compensation arrangements for insurance agents and brokers to be held by the State Insurance Department with the Office of the Attorney General, Insurance Superintendent Eric Dinallo in New York. Issues including contingent and supplemental commissions and deceptive or anti-competitive practices will be covered. The hearings are designed to get the views of all interested parties on a new regulation governing compensation and disclosure.