State officials say an insurance company has agreed to refund up to 400 Florida cities and counties with almost 5- million dollars for collecting undisclosed fees or commissions.
Brown & Brown Incorporated, which has an office here in Bay County, will also pay 1-million dollars to cover investigative costs.
And the insurance broker has agreed to follow stricter requirements for disclosing its broker transactions.
Officials say the settlement will help eliminate hidden charges in the insurance industry.
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