Harleysville Mutual Insurance Co. is going to assume a Houston, Texas, company’s “Write Your Own” flood business, effective November 1.
See more: acquisitions, Delta General Agency, Delta Lloyds Insurance Co., flood insurance, Harleysville Insurance, Michael L. Browne, NFIP, partnership, TX
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.

