The District of Columbia’s acting commissioner of insurance, Gennet Purcell, got it right when she warned insurers not to use information about domestic violence in their underwriting decisions, according to … Read →
The District of Columbia Department of Insurance, Securities and Banking is reminding insurers they are not to use information regarding domestic violence or spousal abuse as a factor in issuing life or health insurance policies to victims.
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.