In industry news:

The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as second-most-active six-month period since 2008. According to a new report on agency merger activity by Chicago-based investment banking and consulting firm OPTIS Partners, which began tracking transactions in 2008, there were 232 announced deals over the period, one fewer than the 233 done in the first half of 2015. The OPTIS database covers U.S. and Canadian agencies selling primarily property/casualty insurance, agencies selling both P/C insurance and employee benefits, and those selling only employee benefits.

Read more from Insurance Journal here. Download the OPTIS report: optis_mid-year-2016-ma-report

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