Bank holding companies increased total insurance revenue 19% to $44.1 billion in 2005 from $37.1 billion a year earlier.
Insurance brokerage fee income was up 14% in 2005, giving it a compound annual growth rate of 22% since 2001, said Michael D. White, president of Michael White Associates, Radnor, Pa. His firm conducted the study, based on Federal Reserve data, with the American Bankers Insurance Association, Washington.