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