Guy Carpenter and Co. has expanded its offerings and specialty capabilities with the completion of its acquisition of John B. Collins Associates Inc., the fifth largest reinsurance intermediary in the … 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.