NU Online News Service, Dec. 9, 2:12 p.m. EST
Property and casualty insurance brokers received a continued stable outlook from Fitch Ratings, as revenue and earnings growth next year is expected to match or exceed levels for the first nine months of this year.
In a five-page report reviewing five publicly traded national insurance-brokerage firms, Fitch says that despite premium gains aiding top-line growth, brokers' revenues are expected to be “modest due to a flat rate environment” in the commercial-insurance market.
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