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Editor's Correction

Posted on 11 Mar 2009

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In yesterday's Daily NewsFlash, we ran an article on the percentage of property-casualty premium written by independent insurance agents and brokers. Our headline erroneously indicated that the percentage of written premium was 40%. The correct percentage is 60% -- according to an annual report from the Independent Insurance Agents & Brokers of America (IIAB), independent insurance agents and brokers are responsible for $6 of every $10 of overall property-casualty premium revenue.