Keystone Insurers Group has acquired the benefits division of Indiana-based Synergy Insurance Group, saying the purchase will better position it against larger firms.
See more: acquisitions, Billy Bridwell, employee benefits, George Wynne, IN, Keystone Insurance Benefits Group, Keystone Insurers Group, Michael Reddy, NC, OH, Synergy Insurance Group
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.

