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From 2006 through 2008, the mergers and acquisitions market for insurance agencies and brokerages was robust. Activity and valuations both soared as highly-motivated buyers competed against each other to get deals done.

Liberty Mutual Group reported first-quarter net income of $28 million, a 92.2 percent decrease from the $360 million in net income reported in the 2008 first quarter.

What a roller coaster ride the past year has been! While we have occasionally had respites as the financial markets gained altitude, these have only made the next day's drop even deeper and scarier. Volatility in the system has increased.

As if 2008 was not tough enough, 2009 will likely present independent agency owners with challenges rarely seen before. Unpredictable market conditions in the property-casualty marketplace, on top of

A non-compete is so essential to the transaction that it falls under the category of "Deal 101," said William Kronenberg, chairman of Professional Underwriters Corp. in Exton, Pa., during a panel

Despite having to cope with a stubbornly soft property-casualty market and the shockwaves of a faltering economy, the three winners in the seventh annual National Underwriter "Commercial Insurance

In the midst of a crisis, buyers of property-casualty insurance will want more coverage for their increased potential exposure, but some insurers may become reluctant to sell it because of the

In the midst of a crisis, buyers of property-casualty insurance will want more coverage for their increased potential exposure, but some insurers may become reluctant to sell it because of the increas