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Bank Owned Insurance Brokers Fee Income Up 7%

Bank owned insurance brokerage firms saw brokerage fee income over the first three quarters of 2010 rise 7 percent over 2009 to a record $9.7 billion, with a property and casualty firm topping the list, according to the latest market report.

By Mark E. Ruquet | Updated on February 10, 2011

NU Online News Service, Feb. 10, 2:32 p.m. EST

Bank owned insurance brokerage firms saw brokerage fee income over the first three quarters of 2010 rise 7 percent over 2009 to a record $9.7 billion, with a property and casualty firm topping the list, according to the latest market report.

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