LAS VEGAS - Banks may soon be buying a lot of insurance agencies, according to executives at an insurance industry conference.

Anticipating a ban on pooling-of-interest accounting, banks may buy more insurance agencies this year than in all of the past three, said John Wepler, a vice president in the merger and acquisition division of March Berry & Co. of Cleveland.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.