The Main Street America Group, which has a regional office in Richmond, Va., reported a $43.6 million underwriting profit in 2008, the largest in its 85-year history.
The Main Street America Group, which as a regional office in Syracuse, N.Y., reported a $43.6 million underwriting profit in 2008, the largest in its 85-year history.
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.