And vice versa. Are you ready Mr. Clueless righty?
"The top three property-and-casualty insurers are ushering in the change by offering banking services, but it will require aggressive marketing and some changes in the mind-set of agents to make it work, experts say.
Already, State Farm Insurance Cos. in Bloomington, Ill., operates its own bank online and in agent offices in 11 states. It plans to get more agents trained this year in order to offer services nationwide."
"Northbrook, Ill.-based Allstate Corp., which received its thrift license in 1998, plans to launch its bank through agents later this year."
"Farmers Insurance Group Inc. in Los Angeles announced last month it would take a different approach by forming a partnership with Bank of America Corp."
>>So glad I can help that lizard sized brain of yours. And at no charge to you.<<
The days when Farmers Insurance agents like Greg Chase of Des Moines, Iowa, could make a living just selling automobile and homeowner policies are fast ending. Mr. Chase, part of an army of 17,000 Farmers agents, is being groomed for the far broader role of a financial services provider. “We’re...
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