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GMAC Stops Taking Agent Business In Three States

GMAC Insurance--whose parent, GMAC Financial Services, recently reported a second quarter net loss of $2.5 billion--has stopped using independent agents to write business in three states and cut back

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GMAC Insurance–whose parent, GMAC Financial Services, recently reported a second quarter net loss of $2.5 billion–has stopped using independent agents to write business in three states and cut back activity in a fourth, NU has learned.

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