NPR logo

Insurance Companies Under Investigation for Broker Fees

  • Download
  • <iframe src="https://www.npr.org/player/embed/1957703/1957704" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Insurance Companies Under Investigation for Broker Fees

Business

Insurance Companies Under Investigation for Broker Fees

Insurance Companies Under Investigation for Broker Fees

  • Download
  • <iframe src="https://www.npr.org/player/embed/1957703/1957704" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The fees that large insurance companies pay to brokers to bring in business are coming under increased scrutiny. Investigations are underway in New York and California, and lawsuits in Illinois claim the special payments constitute a conflict of interest for brokers and cost policyholders millions of dollars every year. NPR's Cheryl Corley reports.