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Insurance Journal posted a story in July about an agent that stole $100,000 from clients, credit card numbers and SSN’s. He deposited them in his mothers bank account. I’ve said this once and I’ll say it again – there needs to be a higher bar for people to obtain an insurance license. This is a shame and gives our industry
Let’s face it, independent agency owners are easy targets. Ask most vendors that serve the IA channel about their clients and you’ll get an eye roll, a chuckle and a few good stories. We golf way too much, most of us don’t know how to run a business, and the carriers put up with us as a source of distribution