The U.S. House of Representatives has passed reforms to the non-admitted insurance, or surplus lines, and reinsurance market, a move praised by two national agents’ groups.
The states’ insurance commissioners have gone on the offensive after several media reports questioned the efforts of state insurance regulators in the handling of American International Group Inc. policies.
Members of the National Association of Professional Insurance Agents will gather in Washington, D.C., April 1 and 2 for their annual Federal Legislative Summit with the goal of reinforcing the … Read →
The National Association of Insurance Commissioners has announced that it will add a “handful” of new staff to Washington D.C. to join its incoming chief executive officer, Therese Vaughan.
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.