Agents & Brokers News

Woodruff-Sawyer Names Stygar Account Manager

San Francisco-based Woodruff-Sawyer & Co.,an independent insurance broker, has named Ann Stygar an account manager, Employee Benefits in the company’s North Bay Office. She will assist clients with strategic benefit design, medical cost management, and compliance issues. Stygar has 10 …

USG Adds Holloman as Broker in Georgia

National wholesale broker USG Insurance Services, Inc. has added Jason Holloman as a property broker specializing in large commercial and catastrophe-exposed risks. He will be based in USG’s office outside Atlanta. Holloman most recently held a position as a wholesale …

Wilson Smith Group Acquires Tennessee Transportation Agency

Wilson Smith Group, LLC said it has acquired a majority of the outstanding shares of the Nashville, Tenn.-based managing general agency, Greenwich Transportation Underwriters, Inc. Terms of the acquisition were not disclosed. Greenwich Transportation Underwriters is led by Ben Armistead, …

Ironshore Forms Dublin Subsidiary; Marry Named as CEO

Bermuda-based Ironshore Inc announced the formation of Ironshore Europe Limited, domiciled in Dublin, Ireland. Fiona Marry has been appointed as CEO of the new insurer. She will report to the Ironshore Europe Limited Board chaired by Mark Wheeler, who also …

DeLong Named VP, Regional Executive for Ironshore in Midwest

Ironshore Inc. has appointed Yosha DeLong to serve as vice president and regional executive for the Midwest Region, based in the Chicago office. DeLong will report to Steven England, executive vice president of Ironshore’s Field Operations. DeLong joined Ironshore in …

Calif. Commissioner Jones to Enforce Medical Loss Ratio Rule

Almost immediately after being sworn into office on Tuesday, California Insurance Commissioner Dave Jones signed an emergency order to enforce the medical loss ratio. the MLR rules require insurers to annually disclose the percentage of premium revenue spent on reimbursement …

California Wholesaler Appointing Wholesalers, Surplus Lines Brokers, MGA’s to Write E&O Insurance

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 write E&O insurance. Policy Hightlight: Defense costs may be available …

Wells Fargo Insurance Services Acquires Prestige Professional Plans

Chicago-based Wells Fargo Insurance Services USA Inc. announced it acquired Prestige Professional Plans, a single office, employee benefits insurance brokerage firm located in Dayton, Ohio. The acquisition closed on Dec. 1, 2010. Terms of the transaction were not disclosed. Serving …

Year-End Storms Cloud P/C Insurers’ Profit Picture

U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away those estimates. That could add …

Texas Insurance Commissioner Geeslin to Step Down

Texas Insurance Commissioner Mike Geeslin has announced that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Geeslin has been with TDI for eight years, and has served as …