Latest Insurance Wholesale Headlines

All the headlines from our Insurance Wholesale Topic Page, ordered by recency.

Everest National Forms MGA Focused on the Sports & Leisure Industry

Feb 14 2013 // Everest National Insurance Co., the U.S.-based insurance division of Everest Re Group, has formed a new managing general agency, Specialty Insurance Group (SIG), which will focus on the sports and leisure industry. SIG...

New MGA Ascent Underwriting Launched in London; Targets Emerging Cyber Risks

Feb 11 2013 // Ascent Underwriting, a specialist Managing General Agent (MGA) providing coverage for emerging cyber risks, has been launched in London, targeting clients ranging from micro businesses to international corporations.The...

Arc Legal Joins UK Market MGA Organization

Jan 31 2013 // Arc Legal Assistance, which provides legal expenses insurance and related services, has become a member of the Managing General Agents’ Association (MGAA), which represents MGA’s doing business in the UK...

California Wholesalers Fret Over Upcoming Legal Decision

Jan 28 2013 // A pending legal battle that could expose wholesalers in California to more lawsuits was the centerpiece of talk at the California Insurance Wholesalers Association conference in San Diego in mid-January.During the...

Scottish American Capital Acquires N.Y.-Based MGA Buckingham Badler

Jan 23 2013 // New York-based investment fund Scottish American Capital has acquired managing general agent Buckingham Badler Associates, also of New York. Founded in 1973, Buckingham Badler Associates is based in Staten Island, N.Y.,...

Managing Underwriter Bill Creates Unwelcome Surprise for Some Texas Agents

Jan 14 2013 // A bill passed during the 2011 session of the Texas Legislature is creating havoc for some independent insurance agents in the state.House Bill 3410 creates a definition of a managing underwriter, and addresses the filing...

California Wholesalers Fret Over Upcoming Legal Decision

Jan 11 2013 // A pending legal battle that could expose wholesalers in California to more lawsuits was the centerpiece of talk at the California Insurance Wholesalers Association conference in San Diego on Friday.The three-day...

PartnerRe to Acquire Calif.-based Presidio Re Group

Dec 19 2012 // Bermuda-based PartnerRe Ltd. announced a definitive agreement to acquire California-based Presidio Reinsurance Group, a U.S. specialty accident and health reinsurance and insurance writer.PartnerRe said it would...

Spotlight: CIWA Looking for Resurgence in Changing Market, Lawsuit

Dec 4 2012 // The California Insurance Wholesalers Association is in prime position to benefit from trends and events that its board members expect to be unfolding in the next year or two – including an improved surplus lines outlook...

ProWriters Acquired; Opens as Independent Managing General Underwriter

Nov 28 2012 // West Chester, Pa.-based ProWriters (www.prowritersins.com), formerly a professional liability division of Venture Insurance Programs, has become an independent managing general underwriter (MGU).Brian Thornton, the new...

ANV Settles in as Lloyd’s MGA, as Capacity and Syndicates Grow

Oct 25 2012 // There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership:...

Business Moves – South Central

Oct 22 2012 // Mission Select Insurance ServicesA new managing general agency — Mission Select Insurance Services LLC — has been formed in Texas with a focus on residential property. Mission Select, based in Argyle, was formed with...

New Texas MGA to Focus on Residential Properties

Oct 9 2012 // A new managing general agency — Mission Select Insurance Services, LLC — has been formed in Texas with a focus on residential property.Mission Select, based in Argyle, was formed with the backing of San Diego,...

Business Moves – East

Oct 8 2012 // USI, TD InsuranceUSI Insurance Services, a brokerage and financial services firm in Briarcliff Manor, N.Y., said on Sept. 24 that it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A....

ANV Settles in as Lloyd’s MGA, as Capacity and Syndicates Grow

Oct 8 2012 // There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership:...

Business Moves – Midwest

Oct 8 2012 // AmWINSNorth Carolina-based insurance wholesaler AmWINS Group Inc. has partnered with two insurance industry executives, Terry Younghanz and Richard Parks, to form a new managing general underwriter (MGU) focused on...

Business Moves – South Central

Oct 8 2012 // Texas Wholesale Insurance CoalitionA group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing their markets, attracting Texas retail agency...

Business Moves – Southeast

Oct 8 2012 // Digital, Strategic Benefit SolutionsEmployee benefits agency Digital Insurance in Atlanta has acquired Strategic Benefit Solutions of Raleigh, N.C., and merged it with its local office of Digital Benefit Advisors (DBA)....

New Empire Group Names Jim O’Neill to Head Newly Formed Wholesale Division

Sep 27 2012 // Island Park, NY, 09/27/12 – New Empire Group, Ltd announced the formation the “New Empire Group Wholesale Division” to be headed by James F. O’Neill, the current Executive VP. New Empire Group, Ltd....

Service to Retail Agencies Is Aim of Texas Wholesale Insurance Group

Sep 26 2012 // A group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing their markets, attracting Texas retail agency partners, and gaining economic...