Willis resolves commissions enquiry without a fight and $50m
Willis Group Holdings has reached a comprehensiveagreement with the New York Attorney General and the Superintendent of Insurance for New York to resolve issues raised by the industry-wide investigation into contingent commissions.
In a statement, the firm said Willis was "the only insurance broker to resolve these matters with the New York Attorney General without the commencement of a lawsuit against the company", and is alsoOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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