Broker CEOs counter facility and commission critics

Insurance broker CEOs have rallied against criticism from senior
carrier executives over the growing use of facilities and broader
remuneration practices.
Marsh & McLennan Companies president and CEO Dan Glaser took
issue with comments made yesterday at an S&P Global Ratings
conference in New York, speaking at the continuing event today.
Tokio Marine HCC CEO Chris Williams had said broker facilities were a "classic
sign" of the soft market, adding that handing over
underwriting authority