The Independent Insurance Agents & Brokers of America said its annual Best Practices Study is available online.
The latest study includes the new “Rule of 20″ statistic which provides a quick means of calculating whether or not an agency creates value for its shareholders.
The 2007 Best Practice Study names 195 new agencies in six agency revenue categories ranging from under $1.25 million to over $25 million. The IIABA said it will follow the financial results of these agencies for the following two years and publish annual updates.
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