The managing general agency model is attracting a number of ambitious underwriters keen to step away from established insurers to build nimble, specialized, and client-focused MGAs. For many, launching an MGA is a chance to offer a more tailored approach …
Viewpoint: The Recipe for Building a Successful MGA Read More »
Baltimore is suing gunmaker Glock over design features that allow its handguns to be easily modified to become fully automatic weapons, which enables criminals to inflict more damage and makes the city more dangerous, attorneys argue in a complaint filed …
Baltimore Sues Glock Over Handguns Easily Converted to Automatic Weapons Read More »
Connecticut continues to grow its captive insurance industry, adding nine new captive insurers in 2024 for a 17% increase over the previous year. In addition to the nine new captives, the state insurance department also approved 17 new captive protected …
Connecticut’s Captive Insurance Industry Keeps Growing Read More »
Julia Moore joined Woodruff Sawyer as a vice president, producer. Moore, who is based in Sacramento, focuses on identifying business opportunities within the middle market and employee benefits, crafting growth strategies and fostering relationships with clients and industry partners. Most …
People Moves: Moore Joins Woodruff Sawyer as VP, Producer Read More »
Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last month. That’s according to the …
Insurers Have Now Paid out $6.9B for LA Wildfires, Report Shows Read More »
Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that were quickly extinguished, as the utility battled to prevent catastrophe in the months leading up to the Los Angeles wildfires. …
Southern California Edison Gear Ignited More Fires in 2024 Than Previous Year Read More »
The National Association of Insurance Commissioners has selected Oklahoma City as the host location for their 2029 Spring National Meeting, Oklahoma Insurance Commissioner Glen Mulready announced this week. Commissioner Mulready and First Deputy Commissioner Brian Downs made a successful presentation …
Oklahoma Selected as Host for 2029 NAIC Spring National Meeting Read More »
A fire broke out at a transportation center next to the international airport in El Paso, Texas, on Tuesday, injuring five people and sending a large tower of black smoke billowing over the city on the U.S.-Mexico border. Authorities did …
Fire Erupts Near El Paso Airport, Injuring Five Read More »
A systemwide outage of Nebraska goverment computers shut down everything from the work of the Legislature to driver’s licensing offices for several hours Thursday. The state Office of the Chief Information Officer confirmed that the outage affected all state connections …
Statewide Computer Outage Disrupts Nebraska Government Operations Read More »
This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK. A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director and Head of London P/C …
