Search
 

Independent Agents control P/C market share

In the face of a weakening economy and a soft market, independent agents were able to hold on to a majority of the property and casualty premium market share, according to a study by the Independent Insurance Agents & Brokers of America, (IIABA) with

By staff Writer | Updated on February 24, 2010

In the face of a weakening economy and a soft market, independent agents were able to hold on to a majority of the property and casualty premium market share, according to a study by the Independent Insurance Agents & Brokers of America, (IIABA) with data provided by A.M. Best. The annual market share study evaluates year-end industry market share and company expense data and uses it to analyze the state of the independent agency system. Though the overall market was relatively flat in 2007, independent agents and brokers are still responsible for $6 of every $10 in the industry’s overall property and casualty premium revenue. Bob Rusbuldt, CEO of IIABA said in a statement, ” The independent agency system continues to be the leader in commercial lines, holds a significant share of personal lines, and dominates both in some states.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • 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?

NOT FOR REPRINT

© 2025 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.

Dig Deeper

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2025 ALM Global, LLC. All Rights Reserved.