Delaware’s insurance commissioner is lauding her state’s efforts to add eight new captive insurers in the last six months of 2009, resulting in a 20% increase in the number of captives from a year earlier.
See more: budget, captives, DE, Delaware Captive Insurance Association, Delaware Surety Insurance Co., Karen Weldin Stewart, R. Clay Folz, revenue
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.

