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Disclosing and Charging Broker Fees
PDF Independent Insurance Agents & Brokers of California (IIABCal) Insurance Law TrackWebinar
June 15, 2016
Mark B. Robinson presented on "Disclosing and Charging Broker Fees," for the first installment of the Independent Insurance Agents & Brokers of California's (IIABCal) Insurance Law webinar track on Wednesday, June 15, 2016. 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.