Latest Insurance Wholesale Headlines

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

Surplus Lines: A Market in Transition

Oct 20 2008 // For surplus lines insurance providers the economic turmoil and soft insurance market means a double-hit on profitability. Some industry experts predict the unstable conditions brought on by the economy and the global...

Industry Innovators Give Agents Alternative Solutions

Oct 20 2008 // Recent estimates show that about one third of all commercial risks in the United States are placed in an “alternative market.” As producers already know, many general accounts no longer can be placed through...

York Insurance Services Group, Inc. Acquires Site Inspections LLC, Now Offering Nationwide Loss Control Services

Oct 10 2008 // PARSIPPANY, N.J., (October 10, 2008) – York Insurance Services Group, Inc., a premier national provider of insurance services, including claims handling, specialized loss adjusting, managed care, insurance pool...

Sullivan Group Forms Sullivan Brokers Wholesale Insurance Solutions

Oct 6 2008 // The Los Angeles-based Sullivan Group has announced the formation of Sullivan Brokers, Wholesale Insurance Solutions Inc., a national wholesale brokerage firm with an emphasis on professional, management and health care...

Introducing Sullivan Brokers, Wholesale Insurance Solutions, Inc.

Oct 1 2008 // Los Angeles, CA, October 1, 2008 – The Sullivan Group has announced the formation of Sullivan Brokers Wholesale Insurance Solutions, Inc. Combining the strengths of professional broking practices from Sullivan...

People

Sep 22 2008 // Jacksonville, Florida-based Harden & Associates, an insurance brokerage company, promoted Dustin Theilacker to chief information officer.As CIO, Theilacker will continue to provide technology vision and leadership for...

Wholesaler CRC Insurance Acquires Competitor Southern Risk of S.C.

Sep 3 2008 // CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp., reports it has completed a purchase of Southern Risk Operations LLC.Sumter, S.C.-based Southern Risk is an excess and surplus (E&S)...

People

Sep 1 2008 // Community Financial Insurance Center, Monroe, La., hired Jeanette F. Credo as senior vice president for its new Financial Institutions Division for the states of Louisiana, Alabama and Mississippi.Credo will establish and...

Lloyd’s in the 21st Century

Sep 1 2008 // Any institution — and there aren’t many — that survives and thrives for 320 years must find ways to adapt to changing conditions. Lloyd’s of London’s transformation offers some insights as to how such...

A Winning Culture

Sep 1 2008 // Insurance Journal Top 100 Agency ProfileRANKING: No. 12 Headquarters: Denver, Colo. and Wichita, Kan. Year Founded: 1973 Additional Locations: Topeka, Kan., Dallas, Texas, Kansas City, Kan. 2007 Total Property/Casualty...

Cindy Downs

Aug 21 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added four new members to its team.Cindy Downs was added as a senior underwriter in the firm’s MGA unit. Downs formerly was a...

MyNewMarkets.com Announces Two More Exchange Conferences

Aug 8 2008 // Due to the success of it’s inaugural Exchange conference, MyNewMarkets.com, has scheduled two additional conferences in San Diego on Sept. 4, 2008. and Dallas on Sept. 30, 2008.MyNewMarkets.com Exchange conferences...

Beckerman Named COO of Maritime General Agency

Jul 23 2008 // Westbrook, Connecticut-based Maritime General Agency has hired Sylvia Beckerman as chief operating officer. Beckerman’s responsibilities include daily oversight of all operational segments of MGA’s various...

Jul 7 2008 // PeopleMcQueary Henry Bowles Troy LLP (MHBT) added Jim Anderson as senior vice president in the Dallas-based firm’s property/casualty group. Anderson will oversee the production and account management of...

Coronado Insurance Wholesale Services Offers Construction GL Program

Jun 17 2008 // San Diego based Coronado Insurance Wholesale Services has added online features to its admitted general liability program, Freedom. Freedom online features include online quoting, underwriting, and policy issuance, ISO 12...

Program Market to Remain Vibrant in 2008

Jun 2 2008 // The program market continues to grow and will continue to grow in 2008, as insurance companies focus on core concerns of new business production, premium writing and rate profitability. However, several new trends emerged...

A Soft Market Solution: MGAs and Risk Sharing

Jun 2 2008 // Editor’s Note: The following is part two of a discussion of the risk retention options available to managing general agents, the variables which may affect their execution, and the means and modes of analysis. The...

Survey: Program Market to Remain Vibrant in 2008

May 21 2008 // The program market continues to grow and will continue to grow in 2008, as insurance companies focus on core concerns of new business production, premium writing and rate profitability, according to a new industry survey...

What MGAs Should Know About Carriers’ Due Diligence for Programs

May 5 2008 // Smart program administrators know that aligning themselves with financially-strong insurance carriers can help attract good clients to their program. While the process of evaluating a program relationship takes more time...

Match-making: What Retail Agents Want From Wholesalers and MGAs

May 5 2008 // Like the love-lorn users of match.com, independent agents hunting for business partners among surplus lines wholesalers and managing general agents are thinking long-term, not short.They are looking for partners who will...