Groups are lining up on both sides now that two members of Congress have formally introduced a bill seeking to create an optional federal charter through an Office of National … Read →
See more: ACLI, Agents for Change, Allstate, Council of State Governments, Ed Royce, Frank Keating, insurance reform, Jimi Grande, legislation, Melissa Bean, NAIC, NAMIC, National Conference of Insurance Legislators, National Conference of State Legislatures, National Insurance Consumer Protection Act, National Insurance Guaranty Corporation, OFC, Office of National Insurance, Peter Ludgin, Roger Sevigny, State Farm
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.

