Thomas E. Hampton, the former commissioner of the District of Columbia Department of Insurance, Banking and Securities (DISB), has taken a job about two miles away from his old office.
See more: capital and surplus, captives, careers, DISB, Gary Hernandez, Gennet Purcell, NAIC, risk retention, securities, Sonnenschein Nath & Rosenthal, Thomas E. Hampton
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.

