A bill that would create a “one-stop shop” for agents with licenses in multiple states should be filed in the U.S. House of Representatives this week, insurance officials say.
The U.S. House of Representatives approved an insurance agent licensing reform bill that would provide non-resident licensing reciprocity among states.
Legislation to make it easier for insurance agents and brokers to obtain national licenses was introduced into Congress, making it the latest in a serious of insurance regulatory reform efforts … Read →
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.