Nationwide is launching a new unit focused on excess and surplus (E&S) property insurance, reflecting the growing importance of this market as traditional insurers withdraw from high-risk areas.
Managing General Agents (MGAs) are playing an increasingly vital role in the insurance market, with the US MGA market exceeding $102 billion in 2023 and continuing to grow rapidly.
The California Insurance Wholesalers Association (CIWA) has introduced a new internship initiative to provide college students with hands-on experience in the excess and surplus lines insurance industry.