The North Carolina Department of Insurance (NCDOI) has received a rate review filing by the North Carolina Rate Bureau indicating no change in rates for private passenger cars and motorcycle insurance policies for this year.
A Chattanooga, Tenn., man faces a felony charge of insurance fraud after law enforcement officials say he asked an employee to steal his Harley Davidson in order to obtain money from his insurance company.
An Endicott, N.Y., man could face seven years in prison if convicted on charges of falsely reporting his motorcycle stolen and selling it five months later.
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.