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NCOIL Postpones Move To Censor State Attorneys General

The National Conference of Insurance Legislators has put off a vote on an explosive resolution accusing state attorneys general of evading the legislative process by negotiating settlements banning

By Steven Tuckey | Updated on March 18, 2007

The National Conference of Insurance Legislators has put off a vote on an explosive resolution accusing state attorneys general of evading the legislative process by negotiating settlements banning broker contingent commissions nationwide.

The resolution considered here at NCOIL’s recent spring meeting was aimed primarily at the agreements negotiated between three state attorneys general with Marsh, Willis, Aon and other brokerages following the 2004 scandal over volume-based bonus compensation.

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