Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Red River Services Launches in Texas
Apr 28 2004 // Red River Services recently announced the launch of its risk management, loss control and property inspection business in Houston and Dallas, Texas. The organization is up-and-running, ready to help insurance companies,...
Get With the Program
Apr 19 2004 // Ooh! We’ve got a biggie for you this time, folks. One hundred and twenty pages, the bulk of that taken up by volume two of our 2004 program directory. Along with this expansive, inclusive directory comes a very...
Agents Cry Foul Over Crop Insurance Premium Discounts
Apr 5 2004 // Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department...
Agents Cry Foul Over Crop Insurance Premium Discounts
Apr 5 2004 // Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department...
Agents Cry Foul Over Crop Insurance Premium Discounts
Apr 5 2004 // Independent agents are up in arms over the federal government’s decision to expand a pilot program they say threatens to cut them out of the crop insurance loop. The Risk Management Agency (RMA), the U.S. Department...
Surplus Lines Products For Homeowners – Salvation or Cause for Concern’
Apr 5 2004 // In 2004, the California homeowners and dwelling marketplace continues to erode. In October 2003, catastrophic wildfires destroyed 790,000 acres of brush and forest land, and along the way destroyed 3640 homes, 1141...
nuServe Expands Software Services for MGAs
Mar 18 2004 // nuServe, a San Francisco-based provider of technology-related risk management tools, announced the expansion of a new service called nsBusiness Network. The expanded nuServe software aims to provide managing general...
CIS Notes Availability of Two-Way Integration Between AIM and AMS-Rackley PolicyRater
Mar 12 2004 // Custom Insurance Solutions (CIS) announced the availability of integration between Agency Information Manager and AMS-Rackley PolicyRater for all 50 states. The two-way integration seamlessly transfers policy, risk,...
New Jersey Broker Acquired By American Wholesale Insurance Group
Mar 2 2004 // American Wholesale Insurance Group, a large independent wholesale insurance broker, has acquired New Jersey-based Property Risk Services, LLC. (PRS), a property wholesale brokerage group. “The addition of PRS...
American Wholesale Insurance Group Forms San Francisco Brokerage Operation
Feb 27 2004 // American Wholesale Insurance Group, the nation’s largest independent wholesale insurance broker, announces the formation of a new wholesale brokerage operation in San Francisco, California to be led by Roger...
Chicago MGU Sues Manning Riddell Over Bogus E&O Coverage
Feb 23 2004 // Insurance Journal recently unveiled information regarding an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722). Manning Riddell allegedly issued more than 1,000...
A Trickle-Down Industry
Feb 23 2004 // Ah, the lives of the rich and famous. Well, the rich at least, the famous part carries a little too much baggage for my taste. Still, the very rich lead lives to which most of us would love to become accustomed. Multiple...
Relationships Are Everything When Working With MGAs
Feb 23 2004 // Managing general agents need retail insurance agents; retail agents need MGAs. That much is true. So, given this reciprocal professional dependence, why are working relationships between these two groups sometimes burdened...
Frontenac Acquires Calif. MGU
Feb 13 2004 // Chicago-based private equity investment firm Frontenac Co. LLC announced that it has acquired a majority interest in WNC Insurance Services, based in South Pasadena, Calif. WNC, a managing general underwriter (MGU), is a...
QualCorp Completes Integration with Agency Solutions
Jan 20 2004 // QualCorp Inc., headquartered in Valencia, Calif., announced that they have just completed the integration of their policy administration/issuance system, FormsPlus Enterprise and Agency Systems MGA/Wholesale Accounting...
St. Louis MGA Acquired by BISYS
Jan 14 2004 // New York City-based commercial lines wholesaler BISYS has acquired St. Louis-based Uhlemeyer Services Inc., a managing general agency that specializes in workers’ compensation. BISYS said the acquisition complements...
AssuranceAmerica Expands in So. Carolina
Dec 22 2003 // Bud Stumbaugh, CEO of AssuranceAmerica Corp. announced that its subsidiary, AssuranceAmerica Insurance Company, a P/C insurer that focuses on the nonstandard private passenger automobile market, will commence writing...
Reinsurance in the Program Marketplace
Dec 1 2003 // For the past several years, the reinsurance market has recorded some of the worst results ever. A decline in capacity and exposures to costly losses industry-wide have produced less than desirable profitability results...
How to Develop Program Business Despite Tough Market Standards
Dec 1 2003 // Over the past several years, launching new insurance programs—both from the perspective of potential producers (MGAs, retail agent groups, and wholesalers) and the specialty insurance carriers—has been difficult. The...
Reinsurance in the Program Marketplace
Dec 1 2003 // For the past several years, the reinsurance market has recorded some of the worst results ever. A decline in capacity and exposures to costly losses industry-wide have produced less than desirable profitability results...
