U.S. bank holding companies in the first half of this year increased their total insurance revenue 1.1 percent to $21.4 billion from $21.2 billion during the same period in 2005, two organizations reported today.

The announcement from the American Bankers Insurance Association in Washington and Michael White Associates bank insurance consulting firm in Radnor, Pa. also noted a 23 percent increase in big bank insurance brokerage fee income.

According to their findings, CitiGroup, Wells Fargo & Company, Countrywide Financial Corporation, and HSBC North America Holdings Inc. led all bank holding companies in total insurance fee income during the period.

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