November 22, 2010
Berkley Oil & Gas, a member company of W. R. Berkley Corp., has formed a partnership with J. H. Blades & Co., Inc./Swett & Crawford in Dallas. Blades/Swett operates as a surplus lines broker and managing general underwriter (MGU) specializing …
November 22, 2010
The insurance technology platform that promises to streamline transactions between insurance agents/brokers and their carriers now has a formal advisory board to guide data privacy, pricing and other policies. The new Insurance Exchange Trust Inc. is charged with overseeing the …
November 22, 2010
New York agents failed to make their case that insurance regulators cannot require agents and brokers to disclose their commissions, a Supreme Court judge has ruled. That just-released decision by Supreme Court Justice Richard M. Platkin appears to end for …
November 22, 2010
As insurance brokers feared, the Obama Administration has not exempted broker commissions from the formula for the medical loss ratio that health insurers must adhere to beginning in 2011. Brokers say they may ask Congress to intervene if the medical …
November 22, 2010
New U.S. health insurance spending rules aimed at ensuring more customer dollars go toward medical care were finalized on Monday, ending a source of uncertainty for investors in the sector. Although the limits are mandated in the new healthcare law, …
November 19, 2010
Markel Corp. has appointed Glen Mangold as managing director for its architects and engineers, agents and brokers, and lawyers product lines. He will be based in Deerfield, Ill., and will report to Gerry Albanese Mangold has more than 23 years …
November 19, 2010
Hunt Valley, Md.-based All Risks Ltd. has named Abby Daugherty an underwriting manager in the Phoenix office. Daugherty has more than a decade of commercial excess and surplus, small account brokerage and contract binding experience. She will expand the Phoenix, …
November 19, 2010
Independent wholesale broker and underwriting manager Burns & Wilcox, based in Farmington Hills, Mich., has acquired NorthCoast Excess & Surplus Agency – a wholesale brokerage and underwriting manager based in Cleveland, Ohio. Jeff Burke, president of NorthCoast Excess & Surplus …
November 19, 2010
The Connecticut Chapter of the National Association of Insurance Women has named Cynthia Bruce, an underwriter at E&S broker S.H. Smith & Co., as its Connecticut professional underwriter of the year. Bruce specializes in underwriting workers’ compensation insurance for small …
November 19, 2010
Arthur J. Gallagher & Co. has acquired Behnke & Co. Inc., a retail insurance broker headquartered in Decatur, Ill. Terms of the transaction were not disclosed. Established in 1983, Behnke & Co. provides commercial property/casualty, employee benefits and risk management …