Online Placement Business Booms

NU Online News Service, Sept. 3, 1:50 p.m.EDT?ProgramBusiness.com, an online operation that letsinsurance agents locate markets for hard-to-place coverages, saidit has posted business worth an estimated $145 million in its firstfull year of operation agents.

Jeff Neilson, president of the Laguna Hills, Calif.-based firm,said the posting action on the company's virtual "Trading Floor"proved "the dramatic need agents are facing in trying to findmarkets for their accounts."

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