A draft proposal to reform the National Flood Insurance Program (NFIP) is a “good start,” although it is not a “perfect piece of legislation,” experts said in a teleconference March 7.
The decision of the Texas insurance commissioner to reject a proposal from the Texas FAIR Plan to raise its rates raises “serious and disturbing questions,” according to an industry expert.
While Virginia ranked in the top 10 nationally on a new report regarding insurance regulations in the property-casualty industry, officials said it is just one of many analyses looking at … Read →
Maryland Insurance Commissioner Ralph S. Tyler said he is not losing any sleep about the state finishing in the bottom 10 in a new report card on insurance regulations in … Read →
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.