All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Aug 6 2009 // Los Angeles-based Pacific Wholesale Insurance Brokers LLC, a wholly-owned subsidiary of Insurance Specialty Group LLC, appointed Victoria Snow vice president/casualty broker in the Burbank, Calif., office. Her...
Aug 4 2009 // Okemos, MI., August 4 2009 – NetRate Systems, Inc. (Okemos, MI) is pleased to announce implementation of the NetRate Commercial Lines Rating System at Trinity Underwriting Managers, Inc., of Pooler, GA. Trinity...
Jul 21 2009 // The Navigators Group Inc.’s principal underwriting agency subsidiary, Navigators Management Company Inc., will expand its Nav Pro Professional Liability Division by partnering with Aon Affinity, a subsidiary of Aon...
Jul 13 2009 // Jansen & Hastings, a managing general agency based in San Francisco, has expanded its existing specialty program business with the addition of a new national MGA platform to be headed by Jim Parsons. Parsons joins JHI...
Jun 9 2009 // Scottsdale, Ariz. – June 9, 2009 – Nautilus Insurance Group, comprised of Nautilus Insurance Company (“Nautilus”) and Great Divide Insurance Company (“Great Divide”), member companies of...
May 18 2009 // Managing general agents have a positive attitude about the soft market and recession, figuring what went down must come up again, according to Curtis Anderson, incoming president of the Association of Managing General...
May 11 2009 // Most insurance professionals detest a soft market due to the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the change...
May 4 2009 // In today’s tough economy and prolonged soft market, some insurance firms are likely to get into financial trouble. Smaller wholesalers and managing general agencies (MGA) may be at risk. Their ability to stay afloat...
May 4 2009 // As a large broker, this is decided based on relationships, successes, volumes, commissions levels, service. In other words we are dictated by volume. Service, service, service, markets, price, service. Personal...
Apr 29 2009 // Insurance broker Hub International Limited is selling some of its Florida wholesale and specialty insurance business back to a previous owner.Hub said it is selling Hub International Florida, including wholesaler ABCO...
Apr 22 2009 // MacNeill Group Inc. promoted Kevin M. Tromer to president.In January 2009, Tromer succeeded Douglas W. Bullington who continues on in his current position of CEO of Focus Holdings LLC, MacNeill Group’s parent...
Mar 6 2009 // USG Insurance Services, Inc, a national wholesale broker of commercial insurance headquartered in Tampa, Fla., has promoted Andy Jones to senior underwriter at its Michigan branch. Jones was a manager for four years with...
Mar 6 2009 // Florida Chief Financial Officer Alex Sink has moved to prevent People’s Trust Insurance’s Managing General Agent from using unlicensed agents to sell its homeowners insurance.The action follows an investigation...
Mar 5 2009 // Charlotte, North Carolina-based insurance wholesale brokerage AmWINS Group, Inc. has acquired three medical stop loss wholesalers in three separate regions of the country. The firms acquired are American Stop Loss...
Feb 26 2009 // Bothell, Wash.-based Vertafore announced a corporate reorganization to “One Vertafore,” a move that aligns the company’s business units to meet the changing needs of their customers. The company will...
Feb 8 2009 // Stock Price: Commercial lines stocks mirrored those of major indices in 2008, trading down 14 percent.Mergers & Acquisitions: Middle market carriers continue to be major players in the acquisition market as they look...
Feb 3 2009 // February 3, 2009 – The HDH Group (HDH) successfully implements NetRate and QualCorp to meet the transactional rating and policy processing needs of Park Insurance Co., which is underwritten by HDH. The integrated...
Jan 28 2009 // The California Insurance Wholesalers Association has awarded Hank Haldeman its receipient of the 2008 Industry Achievement Award. The award was given in appreciation of Haldeman’s outstanding dedication and hard work...
Jan 14 2009 // Seal Beach, CA and Fresno, CA, January 14, 2009 — American Pinnacle Partners, Inc. (“APP”), a holding company of specialty insurance companies, announced today that APP through a two-step transaction has...
Jan 12 2009 // Seal Beach, CA and San Rafael, CA, January 12, 2009 — American Pinnacle Partners, Inc. (“APP”), a holding company of specialty insurance companies, and Consolidated Specialty Risk Managers...