Arch Insurance Co., the bonding company for Equity Homes, a Fairfax, Va.-based home builder, has agreed to pay $460,000 to settle consumer claims regarding deposits on new homes.
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.