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The decline in the number of independent insurance agencies has come to a halt over the past two years, although revenue growth has slowed in the soft market, according to a study sponsored by the Independent Insurance Agents & Brokers of America–which also found the power positions in the agency system still overwhelmingly dominated by white males.

The Alexandria, Va.-based IIABA’s “2008 Agency Universe Study”–a collaboration of the IIABA and leading independent agency companies–found that the total number of independent agencies in the United States remained constant over the past two years at some 37,500.

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