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AIG Finalizes Sale of U.S. Personal Auto Insurance Units to Farmers
National News • July 1, 2009
American International Group, Inc. (AIG) has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG's U.S. personal auto insurance business, to Farmers Group, Inc. ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: It's not just FARMERS | Rambo | Jul 6, 2009, 4:20 pm |
| It's not just FARMERS | Sheltowee | Jul 6, 2009, 3:46 pm |
| RE: RE: RE: RE: RE: RE: RE: RE: BAD DEAL you ain't seen the | Rambo | Jul 6, 2009, 2:01 pm |
| RE: RE: RE: RE: RE: RE: RE: BAD DEAL you ain't seen the last | M | Jul 6, 2009, 1:33 pm |
| RE: RE: RE: RE: RE: RE: BAD DEAL you ain't seen the last of | Rambo | Jul 6, 2009, 12:53 pm |
| RE: RE: RE: RE: RE: BAD DEAL you ain't seen the last of it | Shetowee | Jul 6, 2009, 10:50 am |
| RE: RE: RE: BAD DEAL | jerry | Jul 6, 2009, 10:40 am |
| RE: RE: BAD DEAL | Jerry | Jul 6, 2009, 10:33 am |
| RE: Ten Buck Two? | Sheltowee | Jul 6, 2009, 10:27 am |
| Ten Buck Two? | Cranky | Jul 6, 2009, 7:36 am |
| RE: RE: RE: RE: BAD DEAL you ain't seen the last of it | joe black | Jul 4, 2009, 3:19 pm |
| RE: RE: RE: BAD DEAL you ain't seen the last of it | Sheltowee | Jul 3, 2009, 4:51 pm |
| RE: RE: BAD DEAL you ain't seen the last of it | M | Jul 3, 2009, 1:59 pm |
| RE: BAD DEAL you ain't seen the last of it | anon the mouse | Jul 3, 2009, 12:47 pm |
| RE: BAD DEAL | Sheltowee | Jul 3, 2009, 10:23 am |
| BAD DEAL | Sheltowee | Jul 3, 2009, 10:08 am |
| RE: RE: RE: RE: RE: RE: 21st Century | DJones | Jul 2, 2009, 9:58 pm |
| farmers should have used there $ to lower their rates. | joe black | Jul 2, 2009, 9:06 pm |
| RE: RE: FIG DM's are next to go | m | Jul 2, 2009, 4:34 pm |
| RE: FIG DM's are next to go | Jerry | Jul 2, 2009, 4:17 pm |
| FIG DM's are next to go | Marylou Velas | Jul 2, 2009, 3:44 pm |
| RE: RE: RE: RE: RE: RE: RE: 21st Century | AZ Agent | Jul 2, 2009, 2:21 pm |
| RE: RE: RE: RE: RE: RE: 21st Century | Texican | Jul 2, 2009, 1:53 pm |
| RE: RE: RE: RE: RE: 21st Century | MI Agent | Jul 2, 2009, 12:53 pm |
| RE: RE: RE: RE: 21st Century | Doctor J | Jul 2, 2009, 12:44 pm |
| RE: RE: RE: RE: 21st Century | Jerry | Jul 2, 2009, 12:32 pm |
| RE: RE: RE: 21st Century | SWFL Agent | Jul 2, 2009, 12:27 pm |
| RE: RE: 21st Century | JAMES BENSON | Jul 2, 2009, 10:20 am |
| RE: 21st Century | joe black | Jul 2, 2009, 10:12 am |
| 21st Century | Agent | Jul 1, 2009, 9:55 pm |
| Back to article | ||
Subject: RE: RE: RE: RE: RE: BAD DEAL you ain't seen the last of it
The insurance industry is headed for some big changes and I am thinking that Brokers will have to make a choice in becoming captive with one company for each line they offer.
The number of insurance companies are going to have to reduce significantly and rates will become more controlled and equal in cost. The captive agent will not be driven by sales but by service to the clients. Companies will either pay commissions or find it less expensive to invest in office space, staffed with licensed representatives/agents.
CRAZY? It's going to happen.
Farmers doesn't dislike all of their agents. And they don't do too much about the ones they don't like.