Articles tagged “Taoufik Gharib”
Soft pricing, loss ratios force Virginia insurer’s outlook downward
08.10.2009 | By Bob Graham
Weak performance, caused by soft pricing and accident-year loss ratios, cost Virginia-based Markel Corp. a notch on its ratings outlook.
Standard & Poor’s Ratings Service, one of several that rates insurance … Read →
See more: excess & surplus, Markel Insurance, ratings, Standard & Poor's, Taoufik Gharib
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.

