A Boston-based financial firm has reached a settlement with Montana regulators where it will pay $1.3 million to victims of a Ponzi scheme allegedly perpetrated by a former employee.
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.