Lawsuits and legislation about natural gas harvesting in the Marcellus Shale region and nationwide is underway and expected to spread, eventually reaching the insurance industry.
Surplus lines producers in New Jersey cannot charge an originating broker a fee of greater than $50 through Oct. 1, according to a reminder from state insurance regulators.
California became the first state to mandate that HMOs in the state provide care to their members within set time limits, a move that health plans say could lead to higher premiums.
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.