In 2009, independent insurance agents and brokers faced a “perfect storm” of economic downturn, premiums were a fraction of what they used to be, unemployment and home foreclosure rates were up, and the association’s membership declined. But 2010 may be just as tough, said Kevin Baker of Suhr Risk Services Inc. based in San Jose, Calif.Read the full article here compliments of Insurance Journal
If you found an acquisition candidate and need help completing the transaction or need ongoing advice on buying insurance agencies, fill out our Contact Form.
Upon submission, you receive a FREE, instructive starter kit and we will contact you within 24 hours.
Leave A Comment
You must be logged in to post a comment.