NU Online News Service, May 2, 1:37 p.m. EST
Bank holding company insurance-brokerage-fee income rose more than 9 percent last year compared to 2010, reaching record levels of close to $8 billion, according to a recent report measuring bank-insurance activity.
The Michael White-Prudential Bank Fee Income Report found insurance-brokerage-fee income rose to a record $7.7 billion, well above the $7 billion for all of 2010.
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