When the Virginia General Assembly reconvenes in Richmond Jan. 13, it could consider forcing agents to pay restitution to victims whose funds they misappropriated, as well as a number of other insurance bills.
A class-action settlement involving homeowners policies written by Nationwide Mutual Insurance Co. and its affiliates could lead to homeowners receiving money for claims submitted over the last 13 years.
C.V. Starr & Co., a subsidiary of C. V. Starr & Co., Inc., is offering its PrimeSTARR product, designed specifically for small- to medium-sized commercial trade and general contractors.
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.