The Independent Insurance Agents & Brokers of America (the Big “I”) has released its annual Best Practices Study. The study also includes the listing of the 2008 Best Practice Agencies.

The independent study includes the “Rule of 20″ statistic which calculates if an agency creates value for its shareholders. Positive organic growth was difficult to achieve for most agencies and shareholder returns were adversely impacted. Only one study group, the $1.25 to $2.5 million revenue group, achieved a “Rule of 20″ outcome greater than 20, the desired threshold.

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