Articles tagged “Taft Cos.”
District pulls insurer’s license for non-payment of taxes
01.22.2010 | By IFAwebnews Staff
A Towson, Md.-based insurance company had its license to sell insurance in Washington, D.C., revoked for failing to pay $7,500 in outstanding premium taxes.
See more: Aero Indemnity Insurance Co, captives, DC, DISB, license revocation, premiums, public hearings, regulation, Taft Cos., taxes
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.

