Safeco has launched a new Annual Auto product in Pennsylvania. The Annual Auto product is designed to boost retention by lessening the likelihood of customers shopping for a new policy, company officials said.
See more: Annual Auto, auto insurance, product, renewals, Safeco
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.

