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Nationwide Insurance is planning a two-year shift in how its insurance is sold, meaning about 2,000 agents will have to become independent to keep working with the company.
Nationwide said Monday that by July 2020 all agents who sell its products will be independent. Until now it has relied on a combination of exclusive and independent insurance agencies – one of the largest insurance companies to operate under this model.
Most of the agents who sell Nationwide products already are independent…
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Nationwide Insurance shifting distribution model to independent agencies