Do insurance agents of any kind really have what it takes to compete with Internet marketing (and the direct sales it empowers) and carriers who invest more in nonstop television advertising instead of much more costly career agent systems? In short, in an age when people are buying on price, not inclined to have sitdown meetings, and feel prepared to do their own product research, what kind of future really awaits today’s insurance agents?
But, Lloyd Lofton contends, people do want other things.
A group of shareholders is seeking control of the parent, HC2.
The ruling applies to Transamerica's indexed annuities as well as to variable annuities and hybrids.
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