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Insurance Journal Salutes Nation's Top Agencies for 2005
National News • May 20, 2005
A record number of agencies submitted entries for the 2005 Top Independent Insurance Agencies listing in Insurance Journal, which was published in the May 9 edition of Insurance Journal's five ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Horenberg Insurance Ranking | Glenn Horenberg | Nov 7, 2005, 1:03 pm |
| RE: is a top agency just judged on how big it is | MIchael Randles | May 24, 2005, 5:41 pm |
| RE: Trumped up numbers | M | May 24, 2005, 12:36 pm |
| Trumped up numbers | Big Insurance | May 23, 2005, 6:49 pm |
| Top agencies | Chad May | May 23, 2005, 4:07 pm |
| top agencies | bob | May 23, 2005, 2:09 pm |
| Top Agencies | Kent | May 23, 2005, 8:01 am |
| top agencies | faroff | May 20, 2005, 3:18 pm |
| RE: TOP AGENCIES | chris | May 20, 2005, 1:17 pm |
| TOP AGENCIES | MORRIS | May 20, 2005, 12:45 pm |
| NO WHERE CLOSE | Jonny Doe | May 20, 2005, 12:36 pm |
| #45 Horenberg must be a joke! | JBM | May 20, 2005, 12:23 pm |
| Who verifies this data??!! | MVE | May 20, 2005, 12:22 pm |
| What up with Lockton employee count ? | John Doe | May 20, 2005, 11:16 am |
| Back to article | ||
Subject: NO WHERE CLOSE
B&B had almost a half Billion Dollars in commission revenue last year for their P&C business alone. Unless they're getting 50% commission splits, I don't think that the $1 billion in P&C premium is accurate. They did more than that in their Florida division alone.
If you do a rough average of 10% commission per account, that would put B&B at $4-$5 Billion in P&C premium for 2004 not $1 Billion.
And they're headquartered in Daytona Beach not Mailand, FL.
When your information is SKEWED this badly, it's easy to question the validity of the article and the entire magazine itself.