After a nearly three-year stint in the public sector as a superintendent with the New York State Insurance Department – including a month as the agency’s acting superintendent – Kermitt Brooks has joined AXA Equitable Life Insurance Co.
See more: AXA, careers, Dave Hattem, David A. Paterson, DC, Eric Dinallo, James J. Wrynn, legal, Matthew Gaul, Nixon Peabody, NYSID
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.

