Using introductory offers to woo new customers and then gradually escalate rates once they’re good and settled is not a bad business model. A study from the Texas Office of Public Insurance Counsel reveals why. The study found that almost 60% of drivers rarely or never shop auto insurance policies. The study also found that a driver who switched insurers after eight years would save an average of 19%. The study only examined auto insurance, but the authors of the study said the pattern could be used with other lines of insurance, too.
The IRS also wants fraternals to have lodges, and rituals.
There's quantity. And then there's quality...
One possible implication is that income might not be everything.
Sponsored by Cetera Financial Group
Do you know the difference between client experience and customer service? The answer is crucial.
Sponsored by T. Rowe Price Investment Services, Inc.
The “reflation trade” appears real, but risks are still elevated.
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