Articles tagged “NAIFA-NY”
Agents’ groups flood N.Y. regulators with opposition to compensation rule
12.17.2009 | By Keith L. Martin
A trio of associations representing New York insurance agents has generated more than 7,300 messages from its members in opposition to a proposed broker compensation rule.
See more: AALU, Article 78, commission disclosure, contingent commissions, IIABNY, James J. Wrynn, legal, NAIFA, NAIFA-NY, NYSID, regulation
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.

