Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
King’s Bay Reinsurance Licensed as Florida MGA
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...
People
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...
People
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...
N.Y. Sen. Seward Urges Restraint in Response to Insurance Broker Scandal
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...
AssuranceAmerica Corp. Reports Wholesale Sub Now Writing Fla. Policies
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...
AAMGA Technology Conference
Apr 18 2005 // Disaster Plan Waiting to Happen? MGAs Must Prepare For All Emergencies His last words of advice might have been the most important: “If you haven’t started, start small.” Not all managing general agencies...
Entrepreneurial Spirit and Trust: Marks of Today’s Successful MGA
Apr 18 2005 // An Interview with Francis Johnson, AAMGA President-Elect Francis Johnson, president of Johnson and Johnson Inc., of Charleston, South Carolina, becomes president of the American Association of Managing General Agents in...
MGA GOES HIGH TECH
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...
CEO of Aon’s Insurance Wholesaler Swett & Crawford Leaves the Company
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...
N.C. MGA Goes High Tech With Electronic Imaging, Document Management
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...
American Wholesale Insurance Group Adds Pritchard to Financial Risk Specialist Team
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...
Kings & Pawns: Excess Brokers’ Moves and Mergers
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...
AmWINS to Acquire Willis’ Stewart Smith Group
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...
Crouse and Associates Chooses Custom Insurance Solutions as Management System Provider
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...
First Acceptance Corp. Acquires Texas Agency
Jan 26 2005 // First Acceptance Corporation, a provider of non-standard personal automobile insurance, announced it has acquired the assets of San Marcos, Texas-based HCS Claims Service Inc. dba Heritage Claims Services Inc., and LGNP...
AssuranceAmerica Gains Regulator Approval for Alabama
Jan 7 2005 // AssuranceAmerica Corp., an Atlanta-based insurance company with operations in Georgia, Florida and South Carolina has received approval from the Alabama Department of Insurance to commence insurance operations in that...
Partners Continue to Come and Go, But It’s a Great Time to Jump in the Game
Dec 6 2004 // Partners Continue to Come and Go, But It’s a Great Time to Jump in the Game Program business over the past 10-15 years has been a rocky road for the insurance industry. Companies are in the game today, but gone...
AAMGA Offers Feedback on Proposed Broker Disclosure Amendment to Producer Licensing Model Act
Dec 3 2004 // The National Association of Insurance Commissioners (NAIC) recently issued a draft Proposed Broker Discloser Amendment to the Producer Licensing Model Act, and requested industry and public comment before commencing...
HRH Purchases Vt.’s Smith Bell Thompson
Nov 19 2004 // Hilb Rogal & Hobbs Company (NYSE:HRH ), the eighth largest insurance and risk management intermediary, has signed a definitive agreement to acquire the stock of Smith, Bell & Thompson, Inc., a Vermont-based...
AmWINS Launches Management Liability Unit
Nov 1 2004 // American Wholesale Insurance Group (AmWINS), the Charlotte, N.C.-based independent wholesale insurance broker, has formed a new specialty team to focus exclusively on management and professional liability products. Called...
