News has been rife with dreary tidings for the cannabis industry over the past year, but a surprisingly encouraging outlook has emerged among the persistent din of downward harbingers like a flower glut, investment funding shrinkage, and layoffs. Industry sales …
NTIS Transportation Insurance Services has relocated from Laguna Hills, Calif., to Las Vegas, Nev. The California staff will now work remote. The firm has also added new staff and additional truck insurance markets. NTIS is a wholesale broker and program …
WSS has opened a new office location in Sherman Oaks, Calif. The new office is led by Mark Kaufman, chief operating officer, who joined WSS in 2018. WSS has expanded its southern California presence with eight new client executives. WSS …
Don Penniall beat “dilly-dilly” to the punch a long time ago. Penniall was a creative, well-liked insurance professional who had the fortitude to launch his own firm later in life, those who remember him say. Penniall died on Sept. 23, …
The phrase “new normal” might be a cliché, but it was too hard for Ben McKay, executive director of the Surplus Lines Association of California, to avoid using when describing the state’s excess and surplus market in 2016 and going …
Phoenix, Ariz.-based The Keating Group, the wholesale brokerage arm of Keating Cos., has rebranded as tKg Wholesale Brokerage. James Keating, CEO of tKg and parent Keating Cos., said the change is to show the brokerage is a national wholesaler with …
The changing excess and surplus insurance landscape was an oft discussed topic on Monday, with experts describing the challenges and opportunities going forward. “The business that we have and the risk we see is going to be changing. No question.” …
So far it’s been an “unusual year” for surplus lines in California. Filed premiums were up 14.1 percent in October from the same month last year, but that increase followed a 38.3 percent year-over-year drop in September, new figures from …
“There are no rules. If you can figure out how to quantify a risk and define it, then you can insure it.” Hank Haldeman, president of the board of directors for the National Association of Professional Surplus Lines Offices, sounded …
USG Insurance Services Inc., a national wholesaler and managing general agent, has launched of a professional division in El Segundo, Calif. The firm has also hired Frederick Fisher as director of professional liability. Fisher will be based in El Segundo. …
