Insurance brokers at odds with order ending permit requirement
Provisional measure (MP) 905, which creates less regulated labor contracts, also releases insurance brokers from having to obtain specific permits, putting the industry at odds with the Superintendence of Private Insurance (Susep). The body complains that Brazil's insurance brokers charge some of the highest fees in the world, of around 20%, while brokers blame distortion in the retail and real-estate markets. Fenacor, the trade group of insurance brokers...
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