The parent company of Old Mutual Life Insurance Co. and its subsidiary, OM Financial Life Insurance Co. of New York, said today (March 11) it is considering selling off both companies.
Paulson Investment Co., a wholly owned subsidiary of Portland, Ore.-based Paulson Capital Corp., recently announced that it has added Acumen Investment Services as its newest national affiliate.
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.