Support for Usage-Based Insurance and Telematics allow Carriers, MGAs/MGUs, Program Managers, and Wholesalers to access new market opportunities Brea, CA, May 24, 2017 – Today, XDimensional Technologies announced the XD Insurance Processing Platform™ now supports Usage-Based Insurance (UBI) and Telematics, …
How legalized marijuana and President-elect Donald Trump will affect the insurance industry, a possible merger of the nation’s two major excess and surplus lines organizations, renewing the National Flood Insurance Protection Program, California laws expected for 2017, incremental insurance. There …
Ben McKay, executive director of the Surplus Lines Association of California, said his phone has been quite a bit busier lately ahead of a public hearing on Friday on the state’s export list. People in the insurance industry during the …
California agents and brokers are being notified of a new change to how they can handle motor vehicle records. An agreement between representatives from the insurance industry and the California Department of Motor Vehicles eventually enabled the DMV to revise …
Premiums for California wholesalers rose considerably in 2014 from a year earlier, showing that segment of the industry outperformed the rest of the state’s economy, according to a report from the Surplus Lines Association of California. For 2014 there was …
CorPro Underwriting Managers will now offer directors and officers, employment practices, fiduciary and crime insurance coverage to small and mid-sized enterprises through its partnership with subsidiaries of American International Group Inc. This partnership provides a single point of entry exclusively …
A few wholesalers groups are breathing a brief sigh of relief following a recent Los Angeles Superior Court decision in a lawsuit involving “stranger liability.” The issue was brought to light in Hull & Co. v. Superior Court, a case …
Insurance distribution is changing and agents and brokers—retailers and wholesalers—have to define the value they offer and what type of relationships they will have with carriers and customers in the years ahead, according to a leading wholesaler. “[O]ver the last …
The Managing General Agents’ Association (MGAA), a non-profit making organization founded to represent UK Managing General Agents, was officially launched on the 1st of September with an initial 40 Full Members underwriting gross written premiums of approximately £1.25 billion [app. …
Florida insurance agents should have an easier time placing commercial policies with surplus lines carriers under a new law that allows them to offer the coverage without first scouring the admitted market for the coverage. For years, Florida required retail …
