The superheated insurance segment may be cooling a bit, according to the latest quarterly survey of independent insurance agents/brokers by Reagan Consulting.
"All lines (commercial, personal and group benefits) grew at a slower pace in Q1 2015 than in Q1 2014," Reagan Consulting reported. The biggest dip came in commercial lines, which fell from 8.4 percent in 1Q14 to 6.6 percent in this year's first quarter.
"Key factors were softening pricing and an inconsistent U.S. economy," Reagan said.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
