September 9, 2009
Charlotte, North Carolina-based national wholesale insurance broker AmWINS Group, Inc. has acquired The Managing Agency Group- Employee Benefits, a division of insurance broker Willis HRH. MAG-EB is a wholesale broker of employee benefit plans for small and mid-sized employer groups …
September 9, 2009
The House of Representatives passed HR 2571, the Non-Admitted and Reinsurance Reform Act of 2009 on Wednesday. The bill, authored by Reps. Dennis Moore, D-Kan., and Scott Garrett, R-N.J, will simplify the tax remittance and compliance responsibilities surplus lines brokers …
September 8, 2009
Dorothy Martinez has joined London American Risk Specialists Inc. as a senior broker in London American’s newly created binding authority division in Dallas, Texas. Martinez has extensive underwriting experience, and previously held production and executive positions with several Texas MGA …
September 3, 2009
A report from Aon’s London office concludes that “2009 Insurance premiums are predicted to remain flat for offshore energy business for October’s renewals.” The premiums are dependent on location, loss history and the limits sought, according to Aon. “This is …
September 3, 2009
In a move widely supported by industry advocates, the New York State Insurance Department has approved new rules that would make it quicker and easier for to write some categories of higher-risk insurance that are typically placed in the excess …
September 1, 2009
Markel International, the specialty property and casualty insurer, has agreed to acquire Elliott Special Risks (ESR), a managing general agent in Canada. The acquisition is expected to close on Oct. 1 and values ESR at CDN $75 million. In 2008 …
August 27, 2009
Colemont Insurance Brokers has promoted Jennifer Mier to assistant vice president in the company’s Dallas office. Prior to joining Colemont in 2005 as a casualty broker, Mier was an account executive at the Wm. Rigg Company and Hobbs Group. She …
August 24, 2009
Houston-based insurance wholesaler London American Risk Specialists Inc. has promoted Chris Chiodetti to multi-lines manager. She will be responsible for all multi-lines/middle market operations, underwriting and servicing for London American and will report to Rob Arnold, president. Chiodetti has been …
August 21, 2009
Chicago-based commercial insurance brokerage consulting firm, The Plexus Groupe LLC, has added Glenn Morrison as vice president of Business Development. Morrison will serve in a management and leadership capacity, helping to drive organic growth and producer development for the firm. …
August 21, 2009
The surplus lines industry is taking issue with the Montana Commissioner of Securities and Insurance over its decision to take over the collection of stamping fees from the Surplus Lines Stamping Office, previously part of the Montana Surplus Lines Agents …