Noting in part its unfavorable calendar-year loss reserve development based on past lead paint claims, A.M. Best has assigned ratings to Kingstone Insurance Co.
Richard J. Zick, president and chief executive officer of Utica First Insurance Co., is scheduled to be the keynote luncheon speaker for the Professional Insurance Agents of New York State’s 26th annual Long Island Regional Awareness Program.
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.