Latest Insurance Wholesale Headlines

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

AssuranceAmerica Expands in So. Carolina

Dec 22 2003 // Bud Stumbaugh, CEO of AssuranceAmerica Corp. announced that its subsidiary, AssuranceAmerica Insurance Company, a P/C insurer that focuses on the nonstandard private passenger automobile market, will commence writing...

Reinsurance in the Program Marketplace

Dec 1 2003 // For the past several years, the reinsurance market has recorded some of the worst results ever. A decline in capacity and exposures to costly losses industry-wide have produced less than desirable profitability results...

How to Develop Program Business Despite Tough Market Standards

Dec 1 2003 // Over the past several years, launching new insurance programs—both from the perspective of potential producers (MGAs, retail agent groups, and wholesalers) and the specialty insurance carriers—has been difficult. The...

Reinsurance in the Program Marketplace

Dec 1 2003 // For the past several years, the reinsurance market has recorded some of the worst results ever. A decline in capacity and exposures to costly losses industry-wide have produced less than desirable profitability results...

How to Develop Program Business Despite Tough Market Standards

Dec 1 2003 // Over the past several years, launching new insurance programs—both from the perspective of potential producers, such as MGAs, retail agent groups and wholesalers, and the specialty insurance carriers—has been...

A.M. Best Affirms Rating of QBE Re Group – U.S.

Nov 28 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of QBE Re Group – U.S. (QBE) (New York, N.Y.). This rating applies to QBE Reinsurance Corporation (Philadelphia) and its subsidiaries, QBE...

Savannah Reinsurance Underwriting Management to License CATEX System

Nov 5 2003 // CATEX announced that MGU Savannah Reinsurance Underwriting Management, LLC, a member of the Georgia-based Palmer & Cay group of companies, has agreed to license a CATEX web-based Reinsurance Transaction System based...

Texas’ Underwriters MGA Wages Fight Against GE Re

Nov 3 2003 // Texas-based Underwriters MGA (UMGA), a Texas- based corporation with offices in Hidalgo County, announced it has filed a court petition to reclaim millions of dollars in revenues the company said it lost as a result of...

AAMGA Reflects on Prosperous Year, Plans for the Future

Nov 3 2003 // The American Association of Managing General Agents (AAMGA) will hold its mid-year meeting at the Phoenician Resort & Spa in Scottsdale, Ariz., on Nov. 13-15. At the heart of this year’s meeting will be several...

Old American Gets New Life Under SB 14

Nov 3 2003 // Since 1946, Dallas-based Old American County Mutual Fire Insurance Co. has stayed true to a simple business philosophy: Provide reasonably priced insurance on a reasonable payment schedule for difficult risks. Much has...

N.D. Commish Redefines MGA Threshold

Sep 29 2003 // The North Dakota Department of Insurance has issued a bulletin increasing the department’s guideline threshold for managing general agents (MGAs) from $5,000 to $10,000. The new threshold was adopted in accordance...

Jimcor Agencies Pens Deal with Custom Insurance Solutions

Sep 10 2003 // Francis Mastowski, president of Jimcor Agencies and its affiliates, announced the signing of an agreement with Custom Insurance Solutions (CIS) to install their AIM Management System. Jimcor is a multi-state MGA and...

WebApp Technologies Unveils ‘WebApp (Home)’ Upload System

Aug 22 2003 // WebApp Technologies (www.webapp.net), a division of Additional Benefits Company (ABC), has released its newest product, WebApp (Home). WebApp (Home) is a web-based, point-of sale system that bridges directly from a...

Summit Launches New Fla. WC Carrier

Jul 28 2003 // Lakeland, Fla.-based Summit announced the launch of BusinessFirst Insurance Co. BusinessFirst is a Florida-domiciled stock insurance company which will specialize in workers’ compensation insurance for retail,...

Managing General Agencies: Your Own Benefits Department

Jun 9 2003 // This is the first of an ongoing series on employee benefits. Insurance Journal will increase this series as we attract more advertising from employee benefits suppliers. What information would you like to see regarding...

P&C Technology Firm Insurity Joins AAMGA

May 20 2003 // Insurity Inc., a ChoicePoint® company, headquartered in Hartford, Conn., announced that the American Association of Managing General Agents’ (AAMGA) board of directors has voted to ratify Insurity as a full-fledged...

Growing Your Business One Link at a Time

May 19 2003 // Ah, the Internet. Where would we be without it? Web sites and e-mail are pretty much essential ingredients for a successful business these days, especially for sales-oriented organizations. There are a myriad of ways...

Giles Looks at MGAs As He Prepares to Step Down

May 5 2003 // Outgoing AAMGA president Rob Giles sat down with Insurance Journal recently to discuss the association, managing general agents and his term as president, among other things. Giles, president of Wisconsin-based Midwest...

Putting Business Intelligence to Work

May 5 2003 // Business transpires in the Information Age. Although these times offer the most networked, data enriched progression ever in history, many smaller to midsize insurance companies are still using mainframe processing to...

Giles Looks at MGAs As He Prepares to Step Down

May 5 2003 // Outgoing AAMGA president Rob Giles sat down with Insurance Journal recently to discuss the association, managing general agents and his term as president, among other things. Giles, president of Wisconsin-based Midwest...