Seeking closer cooperation on insurance-related matters, regulators in New York and El Salvador have signed a memorandum of understanding between their two jurisdictions.
New York State Insurance Department and China Insurance Regulatory Commission (CIRC) instated a memorandum of understanding, the most recent in a series of agreements with foreign countries’ insurance authorities, that … Read →
New York State Insurance Department and Thailand’s Office of Insurance Commission (OIC) signed a memorandum of understanding that enables cooperation on insurance-related issues, the latest in a string of cooperative … 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.