Infinity Surety, a Saginaw, Texas-based surety insurance provider, was ordered to stop selling bonds in Florida they were not authorized to transact the business in the state, according to state records.
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.