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The mission of the Broker Compensation (EX) Task Force is to serve as the NAIC’s focal point for issues involving producer compensation by monitoring developments in producer disclosure and related legal actions.
Proposed 2009 Charges:
1. Serve as a coordinating body for facilitating the resolution of relevant multi-state regulatory actions, including addressing the impact of any modifications made to similar settlement agreements by third parties.
2. Monitor developments in producer compensation disclosure and promote best practices in related disclosure for state insurance departments and regulated entities to consider implementing. |
