MGAs and MGUs are targets for M&A because of their perception as "virtual insurance companies" and their ability to generate underwriting profits.

The Connecticut Insurance Department's director of consumer services has been appointed as acting insurance commissioner.

The Property Casualty Insurers Association of America said the model law proposed by a state regulatory task force to implement the surplus lines modernization law does not support the intent of the federal law.

Agents who never or seldom handled vacant property are now learning the ropes and are looking for answers to some basic, as well as not so basic, questions.