National insurance companies are defending their business practices after being included on a list released by the California Department of Insurance of those refusing a voluntary moratorium on future investments in firms linked to Iran.
Aetna’s marketing and enrollment of new Medicare customers will come to a halt April 21, after the discovery of compliance issues by the Centers for Medicare & Medicaid Services (CMS).
Sircon Corp. announced the release of its newest web-based compliance service, ProducerEDGE, giving agents, adjusters, customer service representatives and other insurance licensees the ability to manage their own licensure and compliance online.
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.