Allstate is going to change the brand name for independent agents to National General, an Allstate company. Is this going to be another Drive/Progressive fiasco?
Look at the stock price today (down 1%+) and compare that to other insurance companies (Chubb, AIG, PGR, all way up). ).Maybe the CEO and his “top flight” executive team will realize you can cannibalize your sales force and lower their commissions and then “spin it” as good for agents. People are smarter than that.
Allstate is going to change the brand name for independent agents to National General, an Allstate company. Is this going to be another Drive/Progressive fiasco?
Look at the stock price today (down 1%+) and compare that to other insurance companies (Chubb, AIG, PGR, all way up). ).Maybe the CEO and his “top flight” executive team will realize you can cannibalize your sales force and lower their commissions and then “spin it” as good for agents. People are smarter than that.