Eastern Insurance Holdings was added to the small-cap Russell 2000 Index, following the reconstitution by Russell Investments of its comprehensive set of U.S. and global equity indexes in June.
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.