Unitrin has bought the “Kemper” name from Lumbermens Mutual Casualty Co., finally permanently putting the name with the company that operates under it.
Janice M. Abraham, president and chief executive officer of Chevy Chase, Md.-based United Educators Insurance, was elected as the new chairwoman of the Property Casualty Insurers Association of America.
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.