Third quarter growth rates for independent insurers and brokers are below what was forecast earlier this year, but that hasn't stopped industry professionals from anticipating continued growth by the end of the fiscal year.
The median organic growth of insurance agents and brokers was at 6%, down 0.8% from last year's quarter-three ending numbers, but up 0.2% from last quarter, according to the Reagan Consulting Organic Growth and Profitability (OGP) survey.
Industry members projected that organic growth would be at 7% by this time of year, but many think that the softening of the insurance market may have something to do with the slow growth.
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