Hidden E&O Problems May Lurk In Agent/Broker Deals Potentially costly E&O issues shouldnt be an M&A afterthought
Mergers and acquisitions continue to be hot. In fact, according to data compiled by Thomson Financial, a business and research information group, the volume of U.S. merger and acquisition activity doubled in the first half of 2004 from the same period last year. (Thomson Financial is not affiliated with National Underwriter.)
While this data reflects an overall business trend, the fact is that mergers and acquisitions continue to be active among insurance agents and brokers, as well from the small agency/broker to the regional broker to the large national broker.
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