All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jul 18 2005 // The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the industry. The so-called “standard”...
Jul 18 2005 // The “hard market” conditions have been gone now for a couple of years. So, usually during “soft market” conditions one expects a lot of competition from the standard markets. This, however, is not...
Jul 18 2005 // The following is a guideline for some of the key things to review during the selection process for qualified alternative markets. The term MGA also applies to GA, MGU, wholesaler, E&S broker, etc.Step One — Seek...
Jul 18 2005 // The surplus lines industry pendulum is now on its backswing into a soft market. A couple years of market restriction and firm pricing brought a temporary prosperity to the industry. The so-called “standard”...
Jul 4 2005 // 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...
Jun 21 2005 // AssuranceAmerica Corporation has announced its expansion into Alabama’s auto insurance market with sales of its first auto insurance policies in the state. The Atlanta-based company is represented by more than 300...
May 31 2005 // Intendant Holding Corporation of Vedra Beach, Fla. has received a license from the Florida Department of Financial Services for its insurance services subsidiary King’s Bay Insurance Services Inc., to operate as a...
May 23 2005 // Atlanta-based NBIS appointed Joseph Savarese as senior vice president of underwriting. He will focus on the company’s eastern and western U.S. presence, working to establish a network of insurance agents and brokers...
May 23 2005 // U.S.I. Holdings Corp. appointed C. Jeff Pan senior vice president – Business Transformation. Pan, who will be based in Dallas, is responsible for transforming the company’s business processes from a...
May 9 2005 // New York State Senate Insurance Committee Chairman James Seward (R-Milford) told the Professional Insurance Wholesalers Association Inc. that New York policymakers should employ restraint as they look at, “what, if...
Apr 26 2005 // Atlanta-based AssuranceAmerica Corp. announced its Managing General Agency (MGA) was approved to write auto coverages in Florida and is now actively putting Florida auto insurance policies on its books. In announcing its...
Apr 18 2005 // Disaster Plan Waiting to Happen? MGAs Must Prepare For All EmergenciesHis last words of advice might have been the most important: “If you haven’t started, start small.” Not all managing general agencies...
Apr 18 2005 // An Interview with Francis Johnson, AAMGA President-ElectFrancis Johnson, president of Johnson and Johnson Inc., of Charleston, South Carolina, becomes president of the American Association of Managing General Agents in...
Apr 4 2005 // W.E. Love & Assoc. Inc. in Burlington, N.C., recently decided to go high-tech with an iChannel Web-based electronic imaging and document management system that can be integrated with any agency management, policy...
Mar 15 2005 // Thomas Comer, president and CEO of Swett & Crawford, announced to employees at the end of the business day on March 14 that he will be leaving the company, according to unidentified sources. The reason for...
Mar 11 2005 // Blue Goose Agency Services, an application service provider hosting and technology services provider to the managed general agency and general agency market, has announced the successful implementation of iCHANNEL their...
Mar 10 2005 // American Wholesale Insurance Group (AmWINS) has hired veteran Andrew Pritchard to lead the efforts of AmWINS’ Financial Risk Specialist Team (FIRST) in pioneering innovative insurance solutions for the global Asset...
Feb 21 2005 // The emergence of large national and regional firms and the creation of networks of brokers as industry kings are transforming the nation’s wholesale insurance marketplace but experts maintain that independent...
Feb 15 2005 // Willis Group Holdings and American Wholesale Insurance Group Inc. announced that AmWINS will acquire Stewart Smith Group, Willis’ U.S. wholesale unit. Terms of the transaction were not disclosed. It is expected to...
Jan 31 2005 // Texas-based Custom Insurance Solutions (CIS) has been chosen by Crouse and Associates as their MGA / wholesale management system provider. Crouse and Associates, the largest independently owned wholesale brokerage firm in...