Bankers Independent Insurance Co. paid a $26,000 fine and agreed to return money to 98 of its policyholders after Virginia regulators found violations of its laws during a routine market … 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.