IFA Insurance Co.’s unprofitable operating performance in the last few years was blamed in part for its lowered ratings outlook from a key ratings service.
Five New Jersey residents were indicted by separate grand juries for falsely reporting the theft of their cars, which had actually been instead sold to undercover police officers.
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.