Atradius Trade Credit Insurance’s instability in the midst of the credit crisis has contributed to its newly assigned “negative” rating from a key ratings service.
Crawford & Co. and its lenders have amended its existing credit agreement in a move company officials say gives it new flexibility and affirms its operational performance.
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.