Insurance News

Posts Tagged ‘Drag

Soft insurance rates and the weak U.S. economy’s reduction of exposure levels weighed on the largest publicly traded brokers’ earnings during the first half of the year, analysts say.

“Broadly speaking, things are not great,” said Meyer Shields, an analyst with Stifel, Nicolaus & Co. Inc. in Baltimore. “In general, the head winds that the brokers faced last year are getting lighter, (but) they are not going away. The economy is still Read the rest of this entry »