Kemper and their commission cuts

[NY independent]

Now that Kemper has announced commission cuts on auto to 2% new and renewal, most agents are probably wondering what to do with their books. We can't keep the doors open at 2%. Many agent contracts also terminated. After many years in this business, I predict a sale coming.

 

[mattt]

Oh wow. Is that a national thing? My Kemper book has been shrinking the last 5 years but at 2% it’s getting moved asap.