State of Florida Investigating 11 Insurance Companies on Broker Compensation Arrangements

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11/18/2004: State of Florida Investigating 11 Insurance Companies on Broker Compensation Arrangements

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Excerpt: Florida's Department of Financial Services, the Office of Insurance Regulation and the state attorney general have subpoenaed 11 insurance companies as part of an investigation of broker compensation arrangements. The 11 insurers are: National Union Fire Insurance Co. of Pittsburgh, Pa.; American International Specialty Lines Insurance Co.; Lexington Insurance Co.; Continental Casualty Co.; Scottsdale Insurance Co.; Federal Insurance Co.; ACE American Insurance Co.;[.]

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