NU Online News Service, Dec. 22, 2:15 p.m. EST
In what may amount to a little holiday reprieve for Allstate agents, the company says it will not cut base commissions as deeply as it originally announced, but the head of an agents' group says the rank and file is still not pleased with the company's move.
In a letter to Allstate agents obtained by NU Online News Service, Mark LaNeve, senior executive vice president, agency operations and chief marketing officer, says the company will not cut base commissions to 8 percent, but only one percentage point to 9 percent beginning in 2013.
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