The latest news for New York

Group representing 119 in Congress calls individual mandate illegal
Insurer fined for charging unapproved rates on students’ policies
Feinstein, advocates push review of Calif. health insurance rate hikes

Employee benefit offerings only as good as the discussion about them
Sponsors of 401(k)s adding features to boost participants’ investment
Number of Certified Financial Planners could double in next five years

Mercury Insurance seeks agents, unveils new commercial auto product
Most, least expensive 2012 car models to insure announced
Two insurance agents allegedly stole $422,000 from family brokerage
Employee benefit offerings only as good as the discussion about them
Few employers think their workers understand their benefit packages, which can be corrected by one-to-one benefits counseling sessions during enrollment, a new survey says. Read Story
Mercury Insurance seeks agents, unveils new commercial auto product
Mercury Insurance, a multi-line insurance organization operating in 13 states, is offering a new commercial auto insurance product it says uses technology to enable its independent agents to more easily rate, qualify and issue new business. Read Story
Most, least expensive 2012 car models to insure announced
The Toyota Sienna LE is the least expensive 2012 car model to insure while the 2012 Audi R8 Spyder Quattro, a two-seat V10 convertible, costs the most to insure, according to a new study. Read Story
Group representing 119 in Congress calls individual mandate illegal
The American Center for Law and Justice has filed a second brief with the U.S. Supreme Court, this time arguing against the individual mandate in the federal health reform law. Read Story
Sponsors of 401(k)s adding features to boost participants’ investment
N.Y. man accused of falsifying $3,000 claim to collect payment
Number of Certified Financial Planners could double in next five years
Liberty Life renamed Athene Annuity & Life Assurance
N.Y. woman accused of defrauding Peerless Insurance
Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace
Arthur Gallagher expands Upstate New York footprint with Albany deal
Brief: If individual mandate is illegal, health reform law must die
Few employers think their workers understand their benefit packages, which can be corrected by one-to-one benefits counseling sessions during enrollment, a new survey says.Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.


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