The Surplus Line Association of California has processed $1.9 billion in premium for the first six months of 2010, a decrease of 15.5 percent compared to the same period in 2009. The total number of policies filed with the SLA …
White Sutton & Company has hired Jeffrey F. Lang as chief sales officer. In addition to direct sales responsibilities, he will work with current producers, recruiting and developing new sales opportunities. He also will be responsible for managing carrier relationships. …
Robert Clements, a global insurance industry leader who helped start several insurers and a brokerage died on Sept. 4, 2010 of cancer at age 77. Clements founded Arch Capital Group and Ironshore Inc. and was instrumental in the launching of …
Brokers Insurance Group (BIG) has named Justin McAdara a director. McAdara has a diverse background, including realtor, insurance marketing representative and professional musician. He was a top producing real estate agent in Rancho Cucamonga, Calif., for over a year when …
Global insurer XL Insurance and ABA Insurance Services, Inc., a new managing general underwriter that was formerly Progressive Insurance Co.’s Professional Liability Group, have signed a joint underwriting agreement to provide Employment Practices Liability Insurance (EPLI). Mayfield Heights, Ohio-based ABA …
North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new employer. The former employee, David Austin, …
Lloyd’s announced that it has joined with brokers Marsh, Cooper Gay and RK Harrison Group in a trial to test the use of iPads in its underwriting room. The trial is set to commence in early September. Lloyd’s and the …
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple years as the economy has forced the closure of many …
It takes more than a bad economy and declining prices to weaken property/casualty insurance brokers. Moody’s Investors Service says in its new Industry Scorecard report that the insurance brokerage sector remains financially solid despite the weak U.S. economy and soft …
Ohio-based Westfield Insurance Group selected James R. Clay as its next group leader and CEO. Clay currently serves as insurance leader and president. He has served the company for more than 30 years in numerous capacities. Clay will replace Robert …
