Independent Agents Gain MarketshareIndependent agents and brokers are capturing an increasing share of both the personal lines and commercial lines markets, according to a survey commissioned by the Independent Insurance Agents & Brokers of America.
"The premium growth of the independent agency system is steadfast and dynamic," said IIABA President Cloyce W. Anders.
"These latest figures confirm independent agents' and brokers continuing domination of the commercial lines market and the reverse of previous trends in personal lines, where the agency system is generating its most significant market gains in recent years," Mr. Anders added.
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