Your property management company may be making money off your condo association’s insurance policy.
Some say that’s a conflict of interest because management companies also help associations pick their insurance.
"Referrals should be based on good service only and not financial incentives," wrote Jerri Franz, a spokeswoman for the Department of Financial Services. On Monday, the department will hold hearings on other perks that insurance agents shouldn’t be allowed to offer, but commission splitting isn’t expected to be among them.