The 2010 Insurance Day on the Hill will be held in Richmond Feb. 10 and 11. The annual event is a joint legislative program hosted by the Independent Insurance Agents of Virginia, the Virginia Council of the National Association of Insurance Women, the Virginia Association of Insurance and Financial Advisors (NAIFA-Virginia) and the Greater Richmond CPCU Society.
See more: Bill Bolling, Bob Bradshaw Jr., Chubb, event, Federal Reserve, Gerald Milsky, Greater Richmond CPCU Society, IIAV, Joan T. Garton, Joan Woodward, legislation, Mary Lu Korkuch, NAIFA-Virginia, Phillip Puckett, Travelers, Virginia Council of the National Association of Insurance Women
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.

