All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Sep 25 2006 // Gambling man “Our investigation determined that Mr. Bowen created an elaborate scheme that diverted the premiums of dozens of customers into his personal bank accounts to fund gambling and other personal activities....
Sep 25 2006 // Aon Corporation said it has obtained agreement from five agencies in three states to amend its settlement agreements so that it can accept contingent compensation from an insurer for which Aon is acting as a general agent...
Sep 22 2006 // The American Association of Managing General Agents is asking Congressman John A. Boehner, R-Ohio, and Congressman John Conyers, D-Mich., to place the Non-Admitted & Reinsurance Reform Act of 2006, HR 5637, on the...
Sep 13 2006 // NetRate Systems, Inc. (Okemos, MI), QualCorp, Inc (Valencia, CA) and VRC Insurance Systems (Westlake Village, CA) are jointly announcing plans to provide coordinated Rating, Policy Issuance, and Policy Administration...
Sep 7 2006 // Aon Corporation said it has obtained agreement from five agencies in three states to amend its settlement agreements so that it can accept contingent compensation from an insurer for which Aon is acting as a general agent...
Sep 4 2006 // As the surplus lines world turns to another year of soft market conditions, specialists and innovators may be the ones to survive as increasing competition intensifies, according to excess and surplus lines brokers,...
Sep 4 2006 // PeopleOgilvy-Hill Insurance elected Mark Shipp president and CEO. Shipp has been with Ogilvy Hill for 11 years. In addition to his new role as president/CEO he will continue to build new relationships in the field. The...
Sep 4 2006 // In a departure from their $850 million agreement prohibiting all contingent payments, New York officials have agreed to let Marsh & McLennan Cos. Inc. (MMC) accept contingent commissions from an insurer for which...
Sep 1 2006 // Global insurance broker Willis Group Holdings has signed an agreement with the New York Attorney General and the Insurance Department of New York amending the previous agreement banning receipt of all contingent...
Aug 25 2006 // In a departure from their $850 million agreement prohibiting all contingent payments, New York officials have agreed to let Marsh & McLennan Cos. Inc. (MMC) accept contingent commissions from an insurer for which...
Aug 7 2006 // TMPAA’s Thompson, Siefert discuss today’s program business opportunities and program administrators’ evolutionDespite soft market conditions, program carriers are less than enthusiastic about jumping at...
Aug 7 2006 // Despite soft market conditions, program carriers are less than enthusiastic about jumping at the chance to start a new program, according to two industry experts. But times may be ripe for a program manager who is less...
Jul 24 2006 // The AAMGA is an international trade association comprised of 503 member agents, brokers, insurance, captive and reinsurance companies, Lloyd’s of London syndicates and underwriters, state stamping and surplus line...
Jul 24 2006 // The American Association of Managing General Agents (AAMGA) commends efforts to modernize commercial insurance markets while maintaining the state-based system of insurance regulation and the surplus lines market’s...
Jul 24 2006 // The AAMGA is an international trade association comprised of 503 member agents, brokers, insurance, captive and reinsurance companies, Lloyd’s of London syndicates and underwriters, state stamping and surplus line...
Jul 24 2006 // The American Association of Managing General Agents (AAMGA) commends efforts to modernize commercial insurance markets while maintaining the state-based system of insurance regulation and the surplus lines market’s...
Jul 18 2006 // OKEMOS, MI – NetRate Systems has successfully partnered with Commerce West Insurance Company to enable Commerce West to implement rate/ quote/ issue of Personal Auto policies.The process utilizes a NetRate Systems...
Jul 11 2006 // Atlanta-based Pacific Wholesale Insurance Brokers, LLC (PWIB) has opened a new branch office in Chicago. According to the release issued by the company, the Chicago office will operate as a wholesale insurance broker...
Jul 7 2006 // New York-based Mercator Risk Services, a specialty wholesale insurance broker, has added Julie Courcelle Lewin to its expanding Midwest Casualty Practice as an assistant vice president.Prior to joining Mercator, Lewin...
Jul 4 2006 // Steve Way Has Built Giant HCC Holdings Via Acquisitions and He’s Not Done YetManaging general agents and program administrators have an admirer with deep pockets in Steven Way. Getting some of that money might be one...