A bill prohibiting insurers from dropping or failing to renew a policy involving a home containing Chinese drywall is making its way to the Louisiana Senate.
The Independent Insurance Agents of Virginia is applauding the appointment of a state panel to address health and safety issues surrounding Chinese drywall as opposed to a series of stalled bills it says were “flawed.”
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.