You are an independent agent of Arrogant Insurance, Inc. (ARI) a stock insurances company. Your agency agreement is just expiring. You have been disappointed with ARI's service and have decided not to work with them any longer and have told ARI that as clients policies expire you will renew them with a different insurance carrier. ARI has said that since they currently write these risks they own the business and will sue you if you try.
What was your response?
Would your response have been different if ARI was a mutual company?