The Hanover Insurance Group, a regional property-casualty insurer, is offering a new product that can extend homeowners coverage to provide insurance for family members in assisted living facilities.
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.