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Agents and the Recession: Agents Tend to Fare Better Than Their Customers

National News • April 22, 2008
Main Street independent insurance agents could take a bigger hit than their larger counterparts as an economic recession lands on top of the soft market. The soft market coinciding with a bad ...

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Subject: well duh

Posted On: April 22, 2008, 2:39 pm CDT
Posted By: Mr. Obvious
Comment:
Of course your insurance agent is going to fare better than their mainstreet counterparts during a recession. The great majority of insurance purchases (at least on the p&c side) are required by lenders or by the government. The demand for insurance is not affected nearly as much by up & downturns in the general economy.
Subject Posted By Posted On
RE: well duh Wondering
Apr 22, 2008, 5:17 pm
well duh Mr. Obvious
Apr 22, 2008, 2:39 pm
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