Articles tagged “NRSRO”
NAIC to examine credit rating agencies’ impact on insurance regulation
09.14.2009 | By Keith L. Martin
The National Association of Insurance Commissioners will take an in-depth look at the nation’s credit rating agencies, from their role in regulation in light of the current financial climate to a possible alternative to the groups.
See more: A.M. Best, economy, Fitch Ratings, IL, James J. Wrynn, Michael T. McRaith, Moody's Invester Services, NAIC, NRSRO, public hearings, ratings, regulation, SEC, Standard & Poor's
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.

