Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Willis Joins Marsh in Getting OK for Contingency Pay for MGA Services
Sep 1 2006 // Global insurance broker Willis Group Holdings has signed an agreement with the New York Attorney General and the Insurance Department of New York amending the previous agreement banning receipt of all contingent...
Marsh Given OK to Accept Contingent Pay When Serving as MGA
Aug 25 2006 // In a departure from their $850 million agreement prohibiting all contingent payments, New York officials have agreed to let Marsh & McLennan Cos. Inc. (MMC) accept contingent commissions from an insurer for which...
Target Markets leaders see now as good time to shop proven programs
Aug 7 2006 // TMPAA’s Thompson, Siefert discuss today’s program business opportunities and program administrators’ evolution Despite soft market conditions, program carriers are less than enthusiastic about jumping at...
Target Markets leaders see now as good time to shop proven programs
Aug 7 2006 // Despite soft market conditions, program carriers are less than enthusiastic about jumping at the chance to start a new program, according to two industry experts. But times may be ripe for a program manager who is less...
Why surplus lines reform makes sense in 2006
Jul 24 2006 // The AAMGA is an international trade association comprised of 503 member agents, brokers, insurance, captive and reinsurance companies, Lloyd’s of London syndicates and underwriters, state stamping and surplus line...
Why surplus lines reform makes sense in 2006
Jul 24 2006 // The American Association of Managing General Agents (AAMGA) commends efforts to modernize commercial insurance markets while maintaining the state-based system of insurance regulation and the surplus lines market’s...
Why surplus lines reform makes sense in 2006
Jul 24 2006 // The AAMGA is an international trade association comprised of 503 member agents, brokers, insurance, captive and reinsurance companies, Lloyd’s of London syndicates and underwriters, state stamping and surplus line...
Why surplus lines reform makes sense in 2006
Jul 24 2006 // The American Association of Managing General Agents (AAMGA) commends efforts to modernize commercial insurance markets while maintaining the state-based system of insurance regulation and the surplus lines market’s...
NetRate Systems Enables Commerce West Insurance Company to Implement Straight-Through Processing.
Jul 18 2006 // OKEMOS, MI – NetRate Systems has successfully partnered with Commerce West Insurance Company to enable Commerce West to implement rate/ quote/ issue of Personal Auto policies. The process utilizes a NetRate Systems...
Pacific Wholesale Insurance Opens Chicago Office
Jul 11 2006 // Atlanta-based Pacific Wholesale Insurance Brokers, LLC (PWIB) has opened a new branch office in Chicago. According to the release issued by the company, the Chicago office will operate as a wholesale insurance broker...
Mercator Risk Adds Assistant Vice President in Midwest
Jul 7 2006 // New York-based Mercator Risk Services, a specialty wholesale insurance broker, has added Julie Courcelle Lewin to its expanding Midwest Casualty Practice as an assistant vice president. Prior to joining Mercator, Lewin...
Target Markets Mid-Year Meeting
Jul 4 2006 // Steve Way Has Built Giant HCC Holdings Via Acquisitions and He’s Not Done Yet Managing general agents and program administrators have an admirer with deep pockets in Steven Way. Getting some of that money might be...
Independent Insurance Wholesalers Moves Portland Office
Jun 20 2006 // Independent Insurance Wholesalers Inc. has relocated its Portland, Ore., office. The new office is at: 121 S.W. Morrison, Ste. 325, Portland, OR 97204. Phone: 503-224-1956.
California Insurance Wholesalers Urged to Get Active, Pursue Legislation
Jun 16 2006 // In conjunction with the Annual Meeting of the California Insurance Wholesalers Association held June 8 – 9 in Napa, Calif., outgoing President Mark Maucere urged the members of CIWA to get active to protect their...
Mercator Risk Adds Broker Duo to Lead Midwest Property Practice
Jun 5 2006 // New York-based Mercator Risk Services, an independent wholesale insurance broker, has added two key members to its growing Midwest Property Practice. Jason Tegan and Libby Wakolbinger have joined Mercator’s Chicago...
People
Jun 5 2006 // Oklahoma City-based managing general underwriter and third party administrator Midlands Management Corporation appointed Pamela McMillan Eyerly to the position of vice president of Human Resources. She will manage...
U.S. insurers withstood record catastrophe losses in 2005
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
People
May 22 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as chief underwriting officer and will oversee loss prevention efforts. Wagner has 30 years of underwriting...
Introducing the world’s first certified Best Practice Program Administrator
May 22 2006 // What managing general agent or program administrator hasn’t wondered whether his operation is as efficient, professional and profitable as it could be, whether it conforms to the best practices among fellow managing...
U.S. insurers withstood record catastrophe losses in 2005
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
