Articles tagged “CCIA”
Industry groups want insurance out of proposed consumer protection reform
07.20.2009 | By Keith L. Martin
Thirteen insurance trade groups are urging Congress to exclude all lines of insurance from the Consumer Financial Protection Agency recently proposed by President Barack Obama and the U.S. Treasury Department.
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See more: AALU, ACLI, AIA, ALTA, Barack Obama, CCIA, ciab, Congress, Consumer Financial Protection Agency, financial advisor, legislation, NAIFA, NAILBA, NAMIC, NAVA, PCI, PIA, Timothy Geithner, U.S. Treasury
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.

