Eric Dinallo, who resigned last month after two years as New York’s insurance superintendent, announced his intent to become the state’s next attorney general in 2010.
Insurance agent Lane S. Rubin is among the slate of officers recently elected to serve on the board of the Independent Insurance Agents & Brokers of New York, Inc.
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.