All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Feb 21 2012 // Global insurance broker Arthur J. Gallagher & Co. has acquired First Premium Insurance Group, Inc. in Covington, Louisiana. Terms of the transaction were not disclosed.Established in 1973, First Premium is a managing...
Feb 20 2012 // North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler Crump Group.BB&T said it will pay $570 million in cash for Crump...
Feb 16 2012 // Lloyd’s broker Cooper Gay & Co. Ltd. has rebranded its managing general agency platform, Oliva, as Globe Underwriting as part of its decision to refocus on international business. Globe Underwriting will...
Feb 3 2012 // North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler Crump Group.Under the terms of the agreement, BB&T said it will pay $570...
Jan 27 2012 // The H.W. Kaufman Financial Group, parent company of wholesale broker and underwriting manager Burns & Wilcox, has purchased Chesterfield Group Ltd., a London-based insurance broker and underwriting organization with...
Jan 12 2012 // R-T Specialty LLC, the wholesale broker of Ryan Specialty Group LLC, has acquired Texas-based insurance wholesale firm Maclean, Oddy & Associates Inc. (MOA). MOA is a specialist broker for unusual property and casualty...
Jan 9 2012 // Southwestern Insurance Information Service elected Lyndell Haigood, regional vice president of State Auto Insurance, as chairman of the board; David Lacefield, executive vice president, National Lloyds Insurance, as vice...
Dec 5 2011 // Agents shopping for errors and omissions coverage should compare the details of the policies because not all E&O policies are the same, according to experts in this market.As Scott Goodreau, chief risk officer for...
Nov 14 2011 // Arthur J. Gallagher & Co. on Monday announced the acquisition of Mutual Insurance Services Inc. in Federal Way, Wash.Mutual Insurance Services Inc., which was founded in 1985, is a managing general agent and wholesale...
Nov 14 2011 // Florida-based HomeWise Insurance Co. is now is full run-off mode as it attempts to pay all outstanding claims and other debts in order to avoid being taken over by Florida regulators.The Clearwater, Fla.-based home insurer...
Nov 8 2011 // Tustin, Calif.-based managing general agent Yates has opened a northern California office in Walnut Creek . Jon Uyeyama has joined the office, bringing with him 10 years of underwriting experience. Uyeyama will oversee the...
Oct 24 2011 // Barbara Carey has joined Tustin, Calif.-based managing general agent Yates as an underwriter and broker. Carey spent the last eight years as senior broker and vice president of another California wholesale brokerage. Carey...
Oct 20 2011 // Vicki Cota has been named underwriter/broker at Gumtree Wholesale Insurance Brokers Inc. in its Springfield, Mo., office. She previously served as professional liability underwriter for Bohrer-Croxdale & McAdoo...
Oct 17 2011 // What is an entrepreneur?The exact characteristics that comprise an individual with the ability to bring new ideas to the marketplace and foster their success may be difficult to define. But it’s not much of a stretch...
Oct 17 2011 // Two veterans in the London insurance marketplace have come together again to launch an underwriting agency with a focus on U.S.-based homebuilders.Paul Jansen and Kevin Hastings have launched Cove Programs Insurance...
Oct 7 2011 // The National Association of Professional Insurance Agents has named Michigan-based JM Wilson Corp. as recipient of its 2011 Managing General Agency of the Year Award. The award recognizes outstanding achievement in...
Oct 6 2011 // Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders.Paul Jansen and Kevin Hastings have launched Cove Programs, a newly...
Oct 3 2011 // Thirty-three year-old Scotsman Paul Thomson was on the last leg of his “five-year plan” to get into the insurance business in the U.S. He went through Harvard Business School. He got the financial backing of...
Oct 3 2011 // Two developments in the marine market have combined to create a tantalizing opportunity for wholesale brokers and managing general agents (MGAs) to serve the marine marketplace. While marine revenues remain fairly flat,...
Sep 9 2011 // The Managing General Agents’ Association (MGAA), a non-profit making organization founded to represent UK Managing General Agents, was officially launched on the 1st of September with an initial 40 Full Members...