NU Online News Service, April 8, 4:06 p.m. EDT

Revenues for the U.S. insurance brokers and agencies industry should begin picking up by the second quarter of next year and expand by 3.4 percent per year over the five years ending 2014, according to a business research firm.

IBISWorld also said that over that outlook period it forecasts revenue and profit volatility will be moderate as the primary insurance market hardens and then softens. The firm projected tough times ahead for small brokerages.

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