Last year, residents of Dundalk, Md., were deluged by an eruption in a 6-foot water main, sending hundreds of residents scrambling to their insurance companies for help. On Tuesday (Feb. 2), members of the Maryland House Economic Matters committee were soaked with opposition from insurance companies operating in the state to a bill mandating that they offer protection for such instances in the future.
See more: AIA, Allstate, Carl Persani, consumer protection, homeowners insurance, Jack Andryszak, Jolene Ivey, Joseph J. Minnick, Liberty Mutual, MAMIC, maryland general assembly, Minor Carter, NFIP, People's Insurance Counsel, State Farm, Susan Cohen, water damage
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.

