State Farm Reduces Base Compensation For 19,000 Agents

“20 years ago, individuals were told, ‘Hey come in here, build a $3-5 million book of business. You sit on it the rest of your career. You have an annuity.’ It’s not that anymore. With time, commissions are going to go lower and lower. There is not a doubt. With time, carriers are going to implement AI and automate as many things as possible……..”

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