Thomas E. Hampton, the former commissioner of the District of Columbia Department of Insurance, Banking and Securities (DISB), has taken a job about two miles away from his old office.
The nation’s Blue Cross and Blue Shield licensees collectively suffered a 40.9% decline in net income last year, fueled by decreases in both underwriting and investment income, as well as … 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.