American International Group Inc. plans to rename its auto insurance division and cut 6.6% of jobs in that unit of the company to improve the chances of finding a buyer … Read →
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.