The news for insurance agents& brokers concerning organic growth continues to be positive:According to the 129 producers who participated in ReaganConsulting Inc.'s most recent Organic Growth & ProfitabilitySurvey (OGP Survey), such growth continues to accelerate in2012.
Through the second quarter, total agency organic growth totaled5.5 percent—almost twice the organic growth achieved this same timelast year. And here's the surprise: Commercial P&C is leadingthe pack. For the first time since the most recent soft marketbegan in 2004, commercial P&C growth is on track tosignificantly outpace life & health growth by year's end.
Recent firming in P&C pricing fueled commercial-linesgrowth, which totaled 6.8 percent through the first two quarters ofthe year—more than three times the rate of growth at the same pointlast year (2.2 percent).
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