The former owner of a Hammonton, N.J., insurance agency was sentenced to 40 months in federal prison and must pay $618,480 in restitution for his part in selling false insurance … 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.