A leading consumer advocate addressing a conference of independent agents called for greater monitoring and regulation of contingent commissions, but stopped well short of recommending their elimination.
J. Robert Hunter, director of insurance for the Consumer Federation of America, addressed the issue during a panel discussion and town hall meeting at the Independent Insurance Agents & Brokers of America's Legislative Conference and Convention.
Robert Rusbuldt, IIABA's chief executive officer and panel moderator, joked that the audience could throw hand grenades at Mr. Hunter, a frequent opponent of positions taken by the industry. But verbal fireworks never materialized in spite of sharp disagreements on some issues between Mr. Hunter and other panelists, which included two industry representatives, a congressman and a regulator.
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