Kind of interesting...
According to several recent studies, we would rather make $100k if our neighbors also make $100k, than we would $200k if our neighbors make $300k.
Huh??....
I’d move to a $200k neighborly area and take the $200k if it seemed to be that much of a problem!
National and regional independent agent P&C carriers wrote $800M less premium in 2007 (year 2008, don’t know) versus $5B and $4B increases in 2006/2005.
You’d think that as a result 2008 search positions would have been correspondingly fewer than the previous 3 years, but I didn’t notice it until probably 10/08.
It’s probably 40% quieter so far this year, but the first quarter has tended to be that way for the past 6 years or so.
Hope it’s just a first quarter trend!
Harvey Dorland
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