As agencies receive their contingency checks in Q1 2024, IA Valuations is cautiously optimistic agencies will see larger paydays than they saw in 2023 but expectations should be tempered by the fact that 2023 was another poor performing year for the industry. Credit: kentoh/Adobe Stock
It's contingency season and like any bonus, it can either bring excitement or disappointment. With that said, agencies should not sit idly, cross their fingers, and hope they receive good contingency numbers year to year. Take matters into your own hands! One way to do so is by understanding what's happened in the past and trying to gauge what will happen in 2024 and beyond. We've tried to take that work off your plate and dig up some insights for you.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
