WASHINGTON–An agents group said a study has shown that contingency commission payments are key to keeping the independent agency system in place and ensuring the survival of smaller and midsize insurers.

The Independent Insurance Agents and Brokers of America said that was the conclusion of a research project it paid for conducted by Robert Hoyt of the Terry College of Business at the University of Georgia with Randy Dumm and James Carson of the College of Business at Florida State University.

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