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Some managing general agents not quite ready for shift to risk-taking

Insurers are increasingly looking for wholesalers and managing general agents to put their brands on carrier products in order to reach a wide retail production network at low cost, one MGA executive

The Atlantis Resort in the Bahamas provided a fitting setting for last month's annual convention of the American Association of Managing General Agents. As the stocked sharks and barracudas swam about in the resort's aquarium-like lagoons, the

At issue is a provision in both the House and Senate bills reforming surplus lines regulation that establishes the state insurance commissioner of the "principal place of business" of a company as

Yet nothing could be farther from the truth, according to representatives of three E&S carriers, who each said that contracting with just over 100 general agencies is a key part of their business

It wasn't all that long ago that E&S insurers didn't need to look for business; with standard companies reeling from losses and reduced capacity, it came to them. Indeed, from 1994 to 2004, the E&S market grew remarkably, to $33 billion in

When you obtain multiple, dissimilar quotes, you can't make an apples-to-apples comparison. (This article was derived from Ms. Danoff's presentation at the AAMGA University Weekend, which was held in August in Scottsdale, Ariz.) ONE OF my

Mark your calendar for the major industry meetings of the coming year.JanuaryJan. 9Insurance Information Institute110 William StreetNew York, NY 10038www.iii.orgJoint Industry ForumWaldorf-AstoriaNew York, NYJan. 31-Feb. ...