Investigations are taking place to discern whether CNA Financial Corp. and certain CNA Surety Corp. officers breached their fiduciary duties when CNA Financial proposed to buy CNA Surety shares.
CNA Financial Corp. opened a branch in Washington, D.C., an expansion the company says extends its geographic footprint and puts it closer to its agents, brokers and customers.
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.