Questionable or suspicious property-casualty insurance claims, a byproduct of a bad economy, are on the rise, with about 13% more reported in the first half of this year than during the same period last year.
California Insurance Commissioner Steve Poizner and a property-casualty insurance coalition say California lawmakers’ proposal to downgrade 73 felony crimes, including insurance fraud, to misdemeanors could “severely erode” the state’s efforts … 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.