NU Online News Service, July 3, 1:14 p.m. EDT
Smaller agencies selling employee-benefits services face increased compliance demands and lower commissions now that the healthcare-reform law has been upheld by the Supreme Court, but agents are not throwing in the towel just yet.
"For years people have predicted the demise of one aspect of the independent agency system or the other and we were going to go the way of the buggy-whip manufacturers," says Alex Soto, president and chief executive officer of Miami based InSource Inc. and former president of the Independent Insurance Agents & Brokers of America.
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