Brokers Compensation and Disclosure
The final version of the New York Insurance Department's regulation on producer compensation disclosure was released on February 9, 2010. The regulation will go into effect on January 1, 2011.
RIMS press release on the final version can be found here.
The text of the final regulation can be found here.
RIMS position on broker compensation is found here.
RIMS Executive Report on Insurance Broker Compensation can be found here.