1000’s of p&c agents moving into Medicare

[DonP]

More saturation . I’m reading 15-20 notes a day p&c shops adding Medicare due to insanity in that mkt . I feel like a ninja slitting throats. The gold rush talk in Medicare has brought 50k new agents into the business the last 4 yrs min

 

[rmhaire]

More saturation . I’m reading 15-20 notes a day p&c shops adding Medicare due to insanity in that mkt . I feel like a ninja slitting throats. The gold rush talk in Medicare has brought 50k new agents into the business the last 4 yrs min

And most will be gone in four more.

 

[DonP]

And most will be gone in four more.

No doubt but it’s like Russians sacrificing 100’s of thousands of troops . They still kill a lot of people . And these agents will try to steal clients

 

[marindependent]

due to insanity in that mkt

What insanity?

 

[DonP]

What insanity?

Rates doubling and tripling in months . CO’s not taking new business . CO’s pulling out of states . Career agents screwed .

 

[T Sparks]

Yes, I have heard through reliable sources that the P&C industry is moving to much higher rates or pulling out of areas more so than ever before.

Hopefully Trump can help straighten this mess out.

 

[Tahoe Ray]

Rates doubling and tripling in months .

Doesn't that double and triple their comp?

 

[DonP]

Doesn't that double and triple their comp?

In a perfect world yes but a large portion of those customers will move coverage . Also the high priced carriers won’t get any new business . For an independent agent it could be good news as he cal poach a lot if business and shop his clients around .

 

[T Sparks]

Doesn't that double and triple their comp?

Possibly, but one thing is for sure...

It quadruples their time and or resources.

 

[goillini52]

CO’s not taking Rates doubling and tripling in months . .

Name one company that tripled their rates this year.