NU Online News Service, Jan. 26, 2:25 p.m. EST
Bank-owned insurance agencies' average total return on prior year value fell an annual 10.2 percent for the period ending June 30, 2009, according to Bank-Insurance Viability Index.
The index report, a product of the American Bankers Insurance Association and MarshBerry consulting firm, said the rate environment and the economic recession negatively impacted top-line growth and agency value during the past 18 months.
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