November 15, 2012
Andrew G. Simpson, vice president of content for Wells Media Group Inc., recently grilled Surplus Lines Association of California Executive Director Benjamin McKay on an array of matters, including the market, new regulations and SLA’s role in the world. As …
October 15, 2012
Lawyers for the Orleans Parish School Board in Louisiana have garnered another $17 million in insurance proceeds to help cover damage done by Hurricane Katrina and its aftermath. District officials said the money is slated to go toward $2 billion …
September 26, 2012
A group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing their markets, attracting Texas retail agency partners, and gaining economic efficiencies necessary to compete with the large national conglomerates. Six …
July 26, 2012
Coming off a rough few years of recession, then a disaster prone 2011 – and then more global uncertainty in 2012 – the world and the insurance industry have a few things to look forward to in the next year. …
July 3, 2012
Nevada is leaving the surplus lines tax clearinghouse to which it belongs, Nevada’s insurance commissioner confirmed Tuesday. Nevada’s departure is the latest in a string of states to exit the Non-Admitted Insurance Multi-State Agreement, Hawaii being another recent state to …
June 20, 2012
XL Group plc’s insurance operations added Mary-Ellen (Mimi) Fiske as vice president, umbrella and excess manager to its surplus lines unit in Chicago. Fiske reports to David Halm, chief underwriting officer and head of XL Group’s surplus lines casualty business. …
May 14, 2012
Lloyd’s announcement on Friday of the launch of its “Vision 25” program, an ambitious plan to prepare the historic London market for the future, came as no surprise to Hank Watkins, CEO of Lloyd’s North America. “We are planning for …
April 16, 2012
Pauline Bareno joined of Calabasas, Calif.-based surplus lines broker Maverick Commercial Insurance Services as senior vice president. Bareno has more than 30 years of property/casualty insurance experience, including an underwriting and marketing background. Her experience includes insurance companies, retail and …
January 10, 2012
Nebraska insurance regulators have notified the governing committee of the Nonadmitted Insurance Multistate Agreement (NIMA) that the state intends to withdraw from the agreement effective March 5, 2012. Bruce Ramge, director of the Nebraska Department of Insurance, on Jan. 4 …
September 21, 2011
Cooper Gay Swett & Crawford (CGSC) is the largest independent (i.e. privately owned by its employees and private equity funds) global wholesale and reinsurance broker. Over 1,400 professionals work in some 60 offices on four continents. “In this globalized world …