Hannover Life Reassurance Co. of America, which provides reinsurance for life and health insurance companies, said it has been approved as an accredited reinsurer in New York.
See more: approval, FL, Hannover Life Re, Hannover Life Reassurance Co., Hannover Re Group, reinsurance
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.

