An independent agent from Louisiana is under arrest in what state officials allege was a detailed scheme to steal $2.9 million by issuing 85 fraudulent commercial auto policies.
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.