A handful of insurance companies paid $10,000 fines to the Maryland Insurance Administration for either failing to include in their homeowners policies sewer and drain backup coverage or not including language of the change in policies, records show.
Four more auto insurers have reached a settlement with Massachusetts’ attorney general to correct thousands of driving records as officials now turn their attention to the use of private databases for rating purposes.
Seven of the 38 automobile insurers writing business in New York scored best in a new survey based on the number of complaints resolved in their favor.
Pennsylvania insurance regulators ordered six affiliates of Hartford Insurance Co. and two other auto insurers to change their practices involving a California-based company that performed motor vehicle damage appraisals, records … Read →
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.