Progressive Direct Insurance Co. has reached a settlement to pay $120,000 after allegations it provided Massachusetts auto insurance customers with inaccurate quotes on its rate comparison website.
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.