MGA – Managing General Agent

1990s

1995 0905 - LC - Ferguson v. Crown Life and William Casteel - V14of23 - 244p --- [BonkNote]
- 2884 - Q Okay. And what is - a general agency briefly?
  A General agency, I guess, would be kind of considered a a wholesaler. We marketed other insurance agents primarily. We do very little selling ourselves but we work with other agents.
- Q And how many independent brokers do you work with?
  A Oh, I'd say somewhere between a hundred to 150 typically. apprenticeship type of system in a lot of cases.

2000s

2009 - LR - The “Other” Intermediaries: The Increasingly Anachronistic Immunity of Managing General Agents and Independent Claims Adjusters, by Jeffrey W. Stempel - 125p

2010s

2011 02 - CCIR - Issues Paper Managing General Agencies - Life Insurance Distribution Model, Agencies Regulation Committee - 64p
- This document reflects the work of regulators who are members of CCIR.

2020s

2020 0821 - Letter - ACLI to NAIC (MCASWG - Market Conduct Annual Statement Blanks Working Group (D)) - re: RE: Accelerated Underwriting & TPAs/MGAs - 3p
- TPAs and MGAs - We also question the usefulness of collecting information concerning MGAs and TPAs.
  - Insurers are ultimately responsible for the actions of these entities, who can provide a wide variety of services.
    - Distilling this information into a usable form related to a risk-based exercise seems to us unachievable.
2023 1121 - FSRA - Proposed guidance on Life Insurance Agent & MGA Licensing Suitability --- [BonkNote] --- [link] --- 34p
2024 0209 - FSRA - [2023-015] - Comments - Consultation for Proposed Guidance on Life Insurance Agent & MGA Licensing Suitability --- [BonkNote]
- [BonkNote - Comment] - FSRA's Life Agent and MGA Suitability Guidance - [2023-015] - 2024 0209 - 2p