Michael White Associates

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  Annuity Fee Income at Banks Rose to $2.84 Billion in 2011

  By Maria Wood  |  April 19, 2012

  Income reaped from annuity sales at bank holding companies rose last year, although a dip was recorded in the second half.

• Insurance Brokerage Fee Income of BHCs Up Nearly 15%

  By Warren S. Hersch  |  February 8, 2012

  The survey tallied a record $5.89 billion in insurance brokerage fee income for the first three quarters of 2011. That’s up 14.4% from the $5.14 billion posted for the same period in 2010.

• Report: Brokerage Fee Income at BHCs Achieves Record High

  By Warren S. Hersch  |  November 8, 2011

  Bank holding companies set new records in insurance brokerage fee income in the second quarter and year-to-date in the first half of 2011, the report finds.

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  Bank Annuity Sales Take Off, with Wells Fargo Leading the Way

  By Elizabeth Festa  |  October 14, 2011

  Banks always thought annuities would be a good thing for business, back when they were trying to overturn Glass-Steagall Depression-era laws to keep banks out of insurance. Now, bank producers know for sure.