Alexandria, Va. — The number of independent agencies has stabilized, according to the 2008 Agency Universe Study. Future One, a collaboration of the Independent Insurance Agents & Brokers of America (IIABA) and leading independent agency companies, has released key findings from the recently completed study.
The study surveys a wealth of issues about independent agencies operating in the United States, including their numbers, revenue base and sources, number of employees, ownership, mix of business, diversification of products, technology uses, non-insurance income sources and marketing methods.
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