Three insurers spent more on brokers than they earned in premiums

Three insurers spent more on brokers than they earned in premiums


  1. Security Group  

Coming in second, Security Group spent $212,498 on commission and brokerage expenses in 2024, well in the range of the $311,904 it earned in premiums. This translates to a ratio of 68%, the highest the firm has recorded in five years.  



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