Consumers favor an optional federal charter, according to a consumer advocacy group’s survey, because it would give them the ability to keep their insurance coverage and agent even if they … Read →
Rather than implement an optional federal charter or sweeping regulations, the Obama Administration is proposing a national office of insurance to oversee the industry.
Insurance companies, including auto, home, business and life insurers, contributed more than $35.7 million to members of Congress over the last two election cycles, with an emphasis on those involved … Read →
Federal regulation of insurance, based on a proposal before Congress, would “roll back strong, state based consumer protections,” according to the nonpartisan group, Consumer Watchdog.
Groups are lining up on both sides now that two members of Congress have formally introduced a bill seeking to create an optional federal charter through an Office of National … Read →
A proposal to create an Office of National Insurance is being fine-tuned, as its sponsors determine whether to make a federal charter optional or mandatory for insurers who are deemed … 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.