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CFA Study Flawed

By Robert P. Hartwig, Ph.D., CPCU
Senior Vice President and Chief Economist
Insurance Information Institute

In Insurance Information Institute analysis of a January report by the Consumer Federation of America (CFA) on contingent commissions has found that the CFA's study:

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Founded in 1895, the National Association of Mutual Insurance Companies (NAMIC) is a full-service national trade association serving the property/casualty insurance industry with more than 1,400 member companies that underwrite more than 40 percent of the property/casualty insurance premium in the United States. NAMIC members are small farm mutual companies, state and regional insurance companies, risk retention groups, national writers, reinsurance companies, and international insurance giants. Together, we are NAMIC.

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