Auto insurer GEICO announced it is recruiting new staff with a plan to add 70 employees to its Fredericksburg, Va., office by the end of this year.
See more: Berkshire Hathaway, GEICO, jobs, John Izzo, recruiting
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.

