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Economic Woes Won't Beat Resourceful Agencies

As the sun sets on 2008--a tumultuous year for the U.S. economy--uncertainty permeates all industries, including insurance distribution. While no one can exactly predict the future, these are some of

By Bobby Reagan | Updated on December 14, 2008

As the sun sets on 2008–a tumultuous year for the U.S. economy–uncertainty permeates all industries, including insurance distribution. While no one can exactly predict the future, these are some of our perspectives on how the agent and broker business–from customers to perpetuation plans–will be affected.

o Customer Impact: Most agents and brokers have customers in a multitude of industries. While some will experience more dramatic impacts than others, all will have to address our economic challenges in some form or fashion.

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