Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Fidelity National Seeks 27% Florida Homeowners Rate Hike
May 20 2011 // Jacksonville-based Fidelity National Property and Casualty Insurance Co., which covers some 12,000 homeowners in the state, is seeking a statewide average 27 percent rate increase. At a public rate hearing, Fidelity...
Catlin Stokes Broker Compensation Controversy
May 20 2011 // The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week...
BMS Group’s Pioneer Underwriting Adds Personnel
May 17 2011 // The UK’s BMS Group announced that its Lloyd’s Managing General Agent subsidiary, Pioneer Underwriting and JH Intermediaries have added two new employees: John Andrews, as Business Development Director and Jade...
New MGA Sees Opportunity for Independents in Growing Hispanic Market
May 16 2011 // With 30 years of insurance industry experience under his belt, one Texas-based insurance executive decided recently it was time to open his own operation to serve the insurance needs of the growing Hispanic population....
Eye on the Local Managing General Agency
May 16 2011 // The American Association of Managing General Agents Opens the Door for Smaller Members Sometimes bigger is not always better. Large wholesale organizations have a place in the market, but smaller and often family-owned...
Insurance Wholesaler Socius Appoints Vu Assistant VP
Mar 31 2011 // Socius Insurance Services Inc., a San Francisco-based management liability and property and casualty insurance wholesaler, announced the appointment of Anna Vu as assistant vice president in the firm’s Los Angeles...
Arrowhead Wholesale Insurance Names Urita Assistant VP
Mar 24 2011 // Arrowhead Wholesale Insurance Services LLC has added Christie Urita, as the company’s new assistant vice president of its professional liability division. Experienced in all areas of professional liability,...
Maritime General Agency Rebrands, Consolidates All Entities
Mar 3 2011 // Maritime General Agency announced its newly formed business identity, which it said “combines three niche marine insurance underwriting facilities: Maritime Program Group; Maritime General Agency, Marine MGA, and...
People
Feb 21 2011 // The California Insurance Wholesalers Association honored David F. Anderson, chairman of Anderson & Murison, with its Wholesale Industry Award. Anderson was a founding president of CIWA from 1991 to 1993. He served on...
AmWINS Expands Non-Standard Auto Capabilities Through Acquisitions
Feb 10 2011 // AmWINS Group, Inc. has acquired American Southwest Insurance Managers, Inc., Excel General Agency, Inc. and Oakwood Software Insurance Solutions, LLC. ASIM is a managing general agents for non-standard automobile insurance...
California Insurance Wholesalers Association Honors Anderson
Feb 8 2011 // The California Insurance Wholesalers Association has honored David F. Anderson, chairman of Anderson & Murison, with its Wholesale Industry Award. Anderson was a founding president of CIWA from 1991 to 1993. He served...
Ryan Specialty Forms MGU to Offer Excess Casualty Coverage for Public Entities
Feb 1 2011 // Ryan Specialty Group, LLC (RSG) has launched CivicRisk (CRU), a managing general underwriter specializing in excess casualty coverage for public entities which includes, but is not limited to, cities, counties, school...
UK’s Managing General Agents Take Further Steps to Create Association
Jan 27 2011 // The next step in the launch of the UK’s Managing General Agents’ Association (MGAA) was successfully achieved this week, following the final meeting in a round of consultative discussions with key stakeholders,...
Ryan Specialty Intros New CAT/Construction Risk Facility in Texas
Jan 20 2011 // Chicago-based Ryan Specialty Group LLC (RSG) has launched Technical Risk Underwriters (TRU), a specialty managing general underwriter (MGU) focused on providing best in class underwriting for complex construction and...
2011 Insurance Industry Meetings and Conventions Directory
Jan 10 2011 // Welcome to Insurance Journal’s 2011 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Texas-Based Insurer GAINSCO to De-list Its Common Stock
Jan 10 2011 // GAINSCO Inc. (NYSE Amex: GAN), an insurance holding company headquartered in Dallas, has announced it will voluntarily suspend trading of its common stock. The company reports there are fewer than 300 holders of its common...
California Wholesaler Appointing Wholesalers, Surplus Lines Brokers, MGA’s to Write E&O Insurance
Jan 5 2011 // Effective January 5 2011 – Laurel Fowler Insurance Broker, Inc – California based wholesaler is appointing Wholesalers, Surplus lines Brokers and MGA’s in Texas, California, Florida and most States, to...
Lessons Learned and Looking Ahead at Lloyd’s
Dec 20 2010 // December is often a time of reflection on what we’ve achieved, where we’ve stumbled and what lessons we will take forward into the New Year. When Lloyd’s published its three-year strategy earlier this...
People
Dec 5 2010 // Frost Insurance in Austin, Texas promoted Sheri Smyth to vice president of personal lines. Smyth, a 23-year insurance industry veteran, manages the personal lines department’s growth and retention efforts, and...
Guy Carpenter Survey: Program Administrators Say Business Stable But Less Profitable
Dec 5 2010 // The current insurance program market is mature and stable, with business estimated at $20 billion, but profitability may be declining, according to a new survey of program administrators (PA) and managing general agents...
