Former New York Attorney General Eliot Spitzer (now the state’s governor) probably has few friends among independent agents and brokers. His investigations of the insurance industry, starting back in October 2004, have led several insurance companies to agree to stop paying contingent commissions on some or all lines of business, as of the first of this year. Since Spitzer’s probe, as well as those of other state attorneys general, have focused primarily on the behavior of a few national brokers, particularly Marsh, independent agents and brokers feel with good reason that they have been unjustly penalized by the settlements the AGs have reached with such carriers as ACE, AIG, Chubb, Travelers and Zurich.

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