While the People’s Insurance Counsel is ready to get back to work, a Maryland state delegate who proposed the elimination of the office still feels it is a “make-work program.”
Last year, residents of Dundalk, Md., were deluged by an eruption in a 6-foot water main, sending hundreds of residents scrambling to their insurance companies for help. On Tuesday (Feb. 2), members of the Maryland House Economic Matters committee were soaked with opposition from insurance companies operating in the state to a bill mandating that they offer protection for such instances in the future.
The new head of the People’s Insurance Counsel Division, a state agency formed in 2004 to review medical malpractice and homeowners’ insurance cases, says a recent state court ruling affirms … Read →
Maryland’s highest court has ruled that the People’s Insurance Counsel Division, a state agency formed in response to the medical malpractice crisis in 2005, may challenge homeowners’ and medical malpractice … 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.