An American International Group subsidiary has renewed its lease in Jersey City, N.J., one of the largest leasing transactions in the state this year, according to the real estate broker.
Ten of the largest health insurers covering students – including Aetna and UnitedHealthcare – were recently subpoenaed in an ongoing investigation into what the New York Attorney General’s Office says is inferior coverage at colleges in and around the state.
The reserves of American International Group’s property-casualty businesses may be short by about $11.9 billion, according to a new independent analysis.
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.