The Professional Insurance Agents Association (PIA)'s Company Performance Survey, which is conducted in Connecticut, New Hampshire, New Jersey and New York reveals what agents really think of small/regional insurers .
Nine out of the 10 top-performing carriers in the state of New York are regionals. In Connecticut, six of the top 10 performers are regionals. And while agents recognize the difficulties smaller carriers may have faced in a cat-filled 2011, they aren't about to change their mostly high opinions.
“Why would my confidence waver?” asks James Berliner, principal and owner of Berliner-Gelfand in Bridgeport, Conn. “Smaller companies as a whole are healthy, with strong combined ratios in many cases.”
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