NU Online News Service, Dec. 23, 11:40 a.m. EDT

Two New York independent agent associations said they will appeal a lower court's ruling that allowed the State Insurance Department's new commission disclosure regulation to take effect Jan. 1.

In a statement released late yesterday, the Independent Insurance Agents & Brokers of New York and the Council of Insurance Brokers of Greater New York said the associations took the first step in appealing a New York State Supreme Court decision, filing a notice of appeal to the New York Supreme Court Appellate Division, Third Department in Albany, N.Y.

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