At the last of three hearings, insurance industry representatives continued to present sharply divergent views on a proposal for mandatory disclosure of contingent commissions.
They also disagreed on whether or not such commissions should be allowed at all.
The proceedings have been held jointly by the New York State Insurance Department and the New York Attorney General's Office. The first was held on July 14 in Buffalo, the second on July 23 in Albany, and the final hearing was held today in New York.
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