Agents & Brokers News

Abacus Insurance Brokers Expands Online Builder’s Risk Program

Abacus Insurance Brokers, Inc., a Los Angeles-based program manager that distributes specialty insurance products online through www.abacus.net, has expanded its Abacus Online Builder’s Risk program. With the addition of an “A” rated, size XV–admitted carrier, the program is now available …

Surplus Lines Premiums Fall, Again, But Brokers Remain Optimistic

The surplus lines industry continues to experience a decline in direct premiums written (DPW). For a third consecutive year in 2009, the surplus lines industry’s DPW fell 4.1 percent, an improvement over 2008 where the DPW fell 6.2 percent. Even …

Independent Agent Association Names New Leadership

The Independent Insurance Agents & Brokers of America (the Big “I”), named J. Michael “Mike” Miley as the new chairman of the association. Mike Donohoe was named as the chairman elect, Bobby Bramlett as vice chairman and Randy Lanoix as …

USI Southwest Adds Mattlage, Gray

David Mattlage has joined USI Southwest, in Austin, Texas, as vice president and Austin Employee Benefits practice Leader. Mark Gray also has joined the firm as Commercial Lines vice president. USI Southwest is a unit of USI Holdings Corp. Mattlage …

11 Firms Named Entrepreneurial Insurance Award Finalists

The man who started the online insurance exchange MarketScout in 2000 is on the lookout for innovators and innovations in the insurance industry. Richard Kerr recently hosted more than 400 insurance entrepreneurs and innovative thinkers at the MarketScout Entrepreneurial Insurance …

Jones Joins PMC as Vice President

Workers’ compensation wholesaler PMC Insurance Group has named Bob Jones vice president. He will share responsibilities for expanding PMC’s agency management plan and revenue growth in New York, New Jersey and Connecticut. Jones is a 30-year industry veteran, mostly on …

Independent Agencies Named for ‘Best Practices’ Study

Some 224 independent insurance agencies from across the country have been selected for the for the Independent Insurance Agents & Brokers of America’s (the Big “I”) 2010 Best Practices Study. Once every three years, the nation’s largest agent association asks …

Gremesco Sells Florida Office Only to New Jersey Wholesaler PRS

New Jersey-based Professional Risk Solutions (PRS), a wholesale insurance broker, has purchased the assets of Gremesco of Florida, LLC, one of seven members of the Gremesco group of companies. All of the other offices of wholesaler Gremesco remain in business …

California Modifies Privacy Regulations, Makes Insurance Shopping Easier

In what’s being called “a major victory for insurance agents and brokers,” the California Department of Insurance has notified the California Office of Administrative Law of its intention to repeal certain portions of its privacy regulations. The CDI notified OAL …

Bauer, Burke Join Wholesale Trading Co-Op

Wholesale Trading Co-Op LLC has announced that Kris Bauer has joined the firm as chief operating officer, and Sean Burke has joined as diretor. Buer joins from the San Francisco office of AmWins Group Inc. where he was an executive …