Agents & Brokers News

Ratings Roundup: Erie Group, Waco Fire & Casualty, Maya Assurance

A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Erie Insurance Group and its members are unchanged following the announcement that Erie Indemnity Company has entered into …

Calif. State Fund Revises Broker of Record Policy

California’s State Compensation Insurance Fund announced it has revised its broker of record policy, as well as filed for a 5.2 percent overall rate increase for 2011. The rate filing also includes changes that it says will better serve employers …

Zurich Partners with AmWins to Expand Accident, Health Products

Zurich in North America has formed a new relationship with wholesale broker AmWINS Group Benefits (AmWINS). This is the second relationship Zurich has formalized to further its growth plan in the program accident and health (A&H) space. AmWins Group Benefits …

Thom Smith Joins Sullivan Brokers as President

Los Angeles, CA – 9 November 2010 – Thomas E. Smith has joined Sullivan Brokers Wholesale Insurance Services as President effective November 8, 2010. Most recently, Smith was Great American Insurance Company Division President of Great American Custom Insurance Services. …

Gomez Joins Bolton & Co. as Assistant VP

Pasadena, Calif.-based Bolton & Co. announced that Arturo A. Gomez has joined the firm as assistant vice president. Arturo is the seventh producer to join Bolton in 2010. Arturo started his insurance career in 2005, specializing in commercial insurance as …

Munich Re Raises FY Profit Forecast on $2.72 Billion 9-Month Results

Miller to Head E&S Property Business for Torus

Specialty insurer Torus appointed Catherine Miller to head of E&S General Property. Based in Jersey City, Miller will manage general property business written through wholesale brokers throughout the United States. Miller, a 15-year industry veteran, joined Torus’ General Property team …

Regulators Tell New York Agents How to Reveal Their Commissions

New York regulators have finalized guidelines for how agents and brokers are to reveal to clients their commissions, but at least one trade group says any changes to the rules thus far have been “underwhelming.” The department released a new …

James Joins RSI International in Commercial Underwriting Unit

RSI International Inc., a Texas-based managing general agency, announced that Robin James has joined its Commercial Underwriting Department in Arlington. James joins RSI after relocating to Texas from Goldsboro, N.C., where she spent the majority of her insurance career with …

U.S. Risk Names Wafer an Associate Broker in Houston

Managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., has named Elizabeth Wafer an associate broker working with Ann Meyer, senior broker, in the Houston, Texas, office. Wafer brings with her 22 years experience in wholesale brokerage …