The overall property-casualty market grew to $473.32 billion in direct written premium in 2005, with independent agents responsible for a good share of that growth, an agent broker group said.
P-c market direct written premium for 2005 increased $8.74 billion over the 2004 figure, according to results from an Independent Insurance Agents and Brokers of America survey.
During 2005, the independent agency system amassed an additional $4 billion in production, accounting for almost half of the national increase, IIABA said.
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