Oct. 27--Consumers shopping for health insurance in the federal government's online marketplace will likely have fewer people to turn to with questions this year, following a Highmark decision to stop ...
The Medicare open enrollment period already was off to a rocky start and it just became a bit rockier. Medical Mutual became the latest carrier to announce it is suspending agent commissions. In a ...
Legislation to make sure Georgia health insurance agents get a commission for all sales is back in play at the General Assembly, a year after media attention helped scuttle a similar bill. State Rep.
Commissions are generally taxable as ordinary income in the year received, regardless of whether the taxpayer is on a cash or accrual method of accounting, or whether the taxpayer has a contingent ...
This column responds to some of those comments. Regarding insurance agent commissions, we reported in the story that Blue Cross paid out $15 million in sales commissions last year, or 3 percent of the ...
Renewal commissions payable after the death of an insurance agent are “income in respect of a decedent” for income tax purposes. Additionally, the value of the right to the commissions is includable ...