California Wholesaler Industry Days
Mark B. Robinson presented on “Charging and Disclosing Broker Fees for Insurance Wholesalers,” at the 2017 California Wholesaler Industry Days in La Jolla, CA on January 11, 2017. An area of intensive scrutiny by the California Department of Insurance surrounds the charging and disclosing of broker fees. The Department regularly receives a high volume of customer complaints concerning the failure to disclose broker fees or improperly charging broker fees. This webinar examined who may charge broker fees, how such fees must be disclosed to customers, the California law governing broker fees, and tips to help avoid regulatory scrutiny.