Are Independent Agencies Still Making Money?

I have yet to take the P&C exam (I plan to in the next week or so).

But I was talking to someone that said nowadays most Indies are just getting by, and that most owners are looking to get out of the biz.

He was basically trying to tell me that the only people that buy from Indies are uninsurables.

Is this true?

I realize there is a shift happening with the internet...but is it really that dire out there?
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