The nation’s bank holding companies’ total insurance revenue remained steady for the first half of the year compared to the same period last year.
See more: bank holding companies, BB&T Corp., citigroup, Federal Reserve, GMAC, Michael White-American Bankers Insurance Association, reinsurance, research, revenue, underwriting, Valerie Barton, Wells Fargo
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.

