Allstate and Encompass have agreed to settle a class-action suit that alleged that they used a faulty computerized medical bill review system to handle auto and homeowners’ medical claims.
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.