Donna M. Cunningham of Florham Park N.J., was elected president of the Professional Insurance Agents of New Jersey at the association’s annual business conference in Atlantic City, N.J.
Danielle Priori of ADP/Statewide Insurance Agencies in Cedar Knolls, N.J., was recently elected as president of the New Jersey Young Insurance Professionals.
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.